15518 W Ocotillo LnSurpriseAZ85374
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
Investment Highlights
Rental property for sale in Surprise at 15518 W Ocotillo Ln, Surprise, AZ, 85374 generates $2,440/mo in rent and, after a $1,713/mo payment, leaves $341/mo in cash flow. Total monthly income is $2,440/mo, and annual cash flow is $4,095/yr on $115,992 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 8.37% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 121.55% and total cumulative return in cash sums $140,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
6,474 sqft lot
$N/A/sqft
$90 quarterly 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
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