16230 W Red Bird RdSurpriseAZ85387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16230 W Red Bird Rd, Surprise, AZ, 85387 offers a 7.7% rental yield on a $462,990 purchase with $2,970/mo rent. Total monthly income registers $2,970/mo, and a $2,266/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,799/yr on $153,481 to close, and return on cash invested stands at 21.73% in year one. Equity gained on principal adds $2,988/yr while 5% annual appreciation supports $127,916 over five years. Portfolio math shows five-year ROI at 112.28% and total cumulative return in cash at $172,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,970/mo property income against a $2,266/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
5,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85387, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,798 (100%) |
| Owner Occupied HU | 12,307 (83.2%) |
| Renter Occupied HU | 605 ( 4.1%) |
| Vacant Housing Units | 1,886 (12.7%) |
| Median Home Value | $514,786 |
| Average Home Value | $549,452 |
Housing Distribution
Address Breakdown
Residential
12,371
Single Family
8,196
Multi-Family
4,175
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices