16657 E Gunsight Dr UNIT 181Fountain 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 16657 E Gunsight Dr UNIT 181, Fountain Hills, AZ, 85268 earns from $1,607/mo rent with a $1,689/mo payment. Total monthly income totals $1,607/mo. ROI tracks 13.01% on current figures, and rental yield reads 5.59% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 66.35% and total cumulative return in cash sums $75,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,607/mo property income instead of your personal income.
Condo
Built in 1986
825 sqft lot
$N/A/sqft
$225 monthly 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: Richard F Barker • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6899426
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010