16107 E Emerald Dr APT 206Fountain HillsAZ85268
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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 Fountain Hills at 16107 E Emerald Dr APT 206, Fountain Hills, AZ, 85268 listed at $389,900 pairs $2,438/mo rent with a $1,908/mo payment to leave $134/mo cash flow. Total monthly income runs $2,438/mo, and annual cash flow reaches $1,603/yr on $129,252 cash to close. Return on cash invested measures 21.15% in year one, and rental yield registers 7.5% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 109.14% and total cumulative return in cash totals $141,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,438/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
173 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85268, Fountain Hills, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,249 (100%) |
| Owner Occupied HU | 9,938 (69.7%) |
| Renter Occupied HU | 2,006 (14.1%) |
| Vacant Housing Units | 2,305 (16.2%) |
| Median Home Value | $670,983 |
| Average Home Value | $772,614 |
Housing Distribution
Address Breakdown
Residential
14,099
Single Family
9,319
Multi-Family
4,780
Businesses
600
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Listed by: Tom Daniel • Barrett Real Estate
Mls Name: ARMLS
Mls ID: #6942744