16101 N El Mirage Rd LOT 329El 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 LOT 329, El Mirage, AZ, 85335 earns $259/mo cash flow from $1,127/mo rent with a $719/mo payment. Total monthly income totals $1,127/mo, and annual cash flow totals $3,103/yr on $48,731 capital. ROI tracks 26.28% on current figures, and rental yield reads 9.2% at a $147,000 purchase. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 over five years. Five-year ROI reaches 136.65% and total cumulative return in cash sums $66,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,127/mo property income instead of your personal income.
Manufactured
Built in 2005
1,500 sqft 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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Listed by: Megan E Schaff • Citiea
Mls Name: ARMLS
Mls Provider:
Mls ID: #6745361
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010