16008 N 70th AvePeoriaAZ85382
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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
Investment property for sale in Peoria at 16008 N 70th Ave, Peoria, AZ, 85382 offers a 9.03% rental yield on a $350,000 purchase with $2,634/mo rent. Total monthly income registers $2,634/mo, and a $1,713/mo payment leaves $565/mo available for distribution. Annual cash flow reaches $6,782/yr on $116,025 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 133.86% and total cumulative return in cash at $155,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
8,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85382, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,038 (100%) |
| Owner Occupied HU | 13,187 (65.8%) |
| Renter Occupied HU | 5,121 (25.6%) |
| Vacant Housing Units | 1,730 ( 8.6%) |
| Median Home Value | $458,365 |
| Average Home Value | $502,673 |
Housing Distribution
Address Breakdown
Residential
19,497
Single Family
15,385
Multi-Family
4,112
Businesses
717
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