12618 W Parkway LnAvondaleAZ85323
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 12618 W Parkway Ln, Avondale, AZ, 85323 in Avondale: $3,181/mo in rent, $215/mo in net income, 7.86% gross yield, 1.46 DSCR, all at $485,729. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $134,198 in appreciation and $4,474/yr in principal paydown projects total cumulative return of $197,877.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $215 | $300 |
City averages based on Avondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,181 |
| Total Monthly Debt Service | $2,773 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
7,612 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2025
7,612 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlyn Lai-Valenti • AZ Housing Sales LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6781057
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010