15848 W Calavar RdSurpriseAZ85379
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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 15848 W Calavar Rd, Surprise, AZ, 85379 generates $3,065/mo in rent and, after a $2,349/mo payment, leaves $153/mo in cash flow. Total monthly income is $3,065/mo, and annual cash flow is $1,836/yr on $159,120 invested. Return on cash invested sits at 21.06% in year one, and rental yield is 7.66% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 108.85% and total cumulative return in cash sums $173,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,065/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
6,597 sqft lot
$N/A/sqft
$75 monthly 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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