16489 W Tether TrlSurpriseAZ85387
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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
Rental property for sale in Surprise at 16489 W Tether Trl, Surprise, AZ, 85387 generates $2,584/mo in rent and, after a $1,982/mo payment, leaves $126/mo in cash flow. Total monthly income is $2,584/mo, and annual cash flow is $1,515/yr on $134,258 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 7.66% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 108.75% and total cumulative return in cash sums $146,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,584/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
6,392 sqft lot
$N/A/sqft
$64 monthly 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
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