1315 E Caribou RdMunds ParkAZ86017
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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
Investment Highlights
Rental property for sale in Munds Park at 1315 E Caribou Rd, Munds Park, AZ, 86017 generates $3,888/mo in rent and, after a $3,181/mo payment, leaves $46/mo in cash flow. Total monthly income is $3,888/mo, and annual cash flow is $554/yr on $213,850 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 7.18% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 104.66% and total cumulative return in cash sums $223,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,888/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86017, Munds Park, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,456 (100%) |
| Owner Occupied HU | 530 (15.3%) |
| Renter Occupied HU | 70 ( 2.0%) |
| Vacant Housing Units | 2,856 (82.6%) |
| Median Home Value | $705,189 |
| Average Home Value | $630,495 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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Listed by: Nathan Hoeye • eXp Realty, LLC
Mls Name: NAZMLS
Mls Provider:
Mls ID: #200024
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.