1423 Geode DrForest LakesAZ85931
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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 Forest Lakes at 1423 Geode Dr, Forest Lakes, AZ, 85931 priced at $410,000 pairs $2,046/mo rent with after a $2,007/mo payment. Total monthly income equals $2,046/mo. Return on cash invested is 16.57% in year one, and rental yield stands at 5.99% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 84.62% and total cumulative return in cash reaches $115,007. For financing, Ziffy Mortgage’s DSCR program evaluates $2,046/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85931, Forest Lakes, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 922 (100%) |
| Owner Occupied HU | 86 ( 9.3%) |
| Renter Occupied HU | 3 ( 0.3%) |
| Vacant Housing Units | 833 (90.3%) |
| Median Home Value | $546,053 |
| Average Home Value | $539,041 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Listed by: Heather Justice • West USA Realty
Mls Name: CAAR
Mls Provider:
Mls ID: #91896
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.