16101 N El Mirage Rd #23El MirageAZ85335
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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 El Mirage at 16101 N El Mirage Rd #23, El Mirage, AZ, 85335 uses $61,626 cash to close to unlock $4,104/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,441/mo, and a $910/mo payment keeps the spread at $342/mo. Purchase price stands at $185,900, and rental yield measures 9.3% with $1,441/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $51,361 over five years. Five-year ROI reaches 138.19% and total cumulative return in cash records $85,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,441/mo property income covering a $910/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85335, El Mirage, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,942 (100%) |
| Owner Occupied HU | 8,037 (67.3%) |
| Renter Occupied HU | 3,008 (25.2%) |
| Vacant Housing Units | 897 ( 7.5%) |
| Median Home Value | $344,622 |
| Average Home Value | $412,981 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
8,346
Multi-Family
2,007
Businesses
347
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