13421 W Ocotillo LnSurpriseAZ85374
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.43% yield at 13421 W Ocotillo Ln, Surprise, AZ, 85374 in Surprise is solid, but the $1,700/mo payment compresses net cash flow to $106/mo at $378,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $104,434 by year five, and $3,481/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.12) without U.S. income documentation. Total projected return: $121,677.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.8% |
| Monthly Cash Flow | $106 | $1,250 |
City averages based on Surprise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,905 |
| Total Monthly Debt Service | $2,084 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1998
6,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85374, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,170 (100%) |
| Owner Occupied HU | 14,782 (63.8%) |
| Renter Occupied HU | 4,669 (20.2%) |
| Vacant Housing Units | 3,719 (16.1%) |
| Median Home Value | $439,170 |
| Average Home Value | $500,015 |
Housing Distribution
Address Breakdown
Residential
20,371
Single Family
16,121
Multi-Family
4,250
Businesses
1,232
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 1998
6,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85374, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,170 (100%) |
| Owner Occupied HU | 14,782 (63.8%) |
| Renter Occupied HU | 4,669 (20.2%) |
| Vacant Housing Units | 3,719 (16.1%) |
| Median Home Value | $439,170 |
| Average Home Value | $500,015 |
Housing Distribution
Address Breakdown
Residential
20,371
Single Family
16,121
Multi-Family
4,250
Businesses
1,232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carri Pecorella • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854571
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