16501 N El Mirage Rd LOT 163SurpriseAZ85378
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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 16501 N El Mirage Rd LOT 163, Surprise, AZ, 85378 uses $67,924 cash to close to unlock $2,876/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $1,003/mo payment keeps the spread at $240/mo. Purchase price stands at $204,900, and rental yield measures 8.5% with $1,451/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 125.2% and total cumulative return in cash records $85,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85378, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,249 (100%) |
| Owner Occupied HU | 2,502 (58.9%) |
| Renter Occupied HU | 1,203 (28.3%) |
| Vacant Housing Units | 544 (12.8%) |
| Median Home Value | $355,804 |
| Average Home Value | $452,513 |
Housing Distribution
Address Breakdown
Residential
3,823
Single Family
2,274
Multi-Family
1,549
Businesses
394
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