16077 W Larkspur DrGoodyearAZ85338
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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 Goodyear at 16077 W Larkspur Dr, Goodyear, AZ, 85338 generates $2,173/mo in rent and, after a $1,659/mo payment, leaves $97/mo in cash flow. Total monthly income is $2,173/mo, and annual cash flow is $1,168/yr on $112,379 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 7.69% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 108.36% and total cumulative return in cash sums $121,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,173/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
5,676 sqft lot
$N/A/sqft
$216 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85338, Goodyear, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,660 (100%) |
| Owner Occupied HU | 18,615 (65.0%) |
| Renter Occupied HU | 7,005 (24.4%) |
| Vacant Housing Units | 3,040 (10.6%) |
| Median Home Value | $464,618 |
| Average Home Value | $513,834 |
Housing Distribution
Address Breakdown
Residential
25,961
Single Family
9,083
Multi-Family
16,878
Businesses
1,257
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