16103 W Redfield 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
Investment property for sale in Surprise at 16103 W Redfield Rd, Surprise, AZ, 85379 offers a 7.5% rental yield on a $372,500 purchase with $2,329/mo rent. Total monthly income registers $2,329/mo, and a $1,823/mo payment leaves $61/mo available for distribution. Annual cash flow reaches $735/yr on $123,484 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,404/yr while 5% annual appreciation supports $102,915 over five years. Portfolio math shows five-year ROI at 105.93% and total cumulative return in cash at $130,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,329/mo property income against a $1,823/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,404 sqft lot
$N/A/sqft
$66 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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