15717 W Watson LnSurpriseAZ85379
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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 Surprise at 15717 W Watson Ln, Surprise, AZ, 85379 generates $2,388/mo in rent and, after a $1,742/mo payment, leaves $284/mo in cash flow. Total monthly income is $2,388/mo, and annual cash flow is $3,410/yr on $117,981 invested. Return on cash invested sits at 22.8% in year one, and rental yield is 8.05% on a $355,900 entry. Equity gained on principal adds $2,297/yr, while 5% annual appreciation builds toward $98,329 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash sums $139,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
6,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85379, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,373 (100%) |
| Owner Occupied HU | 12,637 (72.7%) |
| Renter Occupied HU | 3,709 (21.3%) |
| Vacant Housing Units | 1,027 ( 5.9%) |
| Median Home Value | $472,566 |
| Average Home Value | $533,840 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
13,785
Multi-Family
3,085
Businesses
207
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