1318 W Medinah CtAnthemAZ85086
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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 Anthem at 1318 W Medinah Ct, Anthem, AZ, 85086 generates $4,904/mo in rent, after a $5,080/mo payment. Total monthly income is $4,904/mo. Return on cash invested sits at 14.15% in year one, and rental yield is 5.67% on a $1,038,000 entry. Equity gained on principal adds $6,698/yr, while 5% annual appreciation builds toward $286,780 over five years. Five-year ROI reaches 72.16% and total cumulative return in cash sums $242,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,904/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$1,533 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85086, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,839 (100%) |
| Owner Occupied HU | 13,349 (79.3%) |
| Renter Occupied HU | 2,307 (13.7%) |
| Vacant Housing Units | 1,183 ( 7.0%) |
| Median Home Value | $607,093 |
| Average Home Value | $650,277 |
Housing Distribution
Address Breakdown
Residential
16,294
Single Family
4,284
Multi-Family
12,010
Businesses
422
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Listed by: Veronica C Adema • Berkshire Hathaway HomeServices Arizona Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6798093
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