16800 E El Lago Blvd UNIT 2028Fountain HillsAZ85268
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
Total monthly income runs $3,320/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 5.9% with $3,320/mo rent. Return on cash invested shows 16.44% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 83.83% and total cumulative return in cash records $186,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,320/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,903 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Twiehaus • HomeSmart Lifestyles
Mls Name: ARMLS
Mls ID: #6918975