16819 E Gunsight Dr #A-3Fountain 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 16819 E Gunsight Dr #A-3, Fountain Hills, AZ, 85268 uses $79,527 cash to close to unlock $10,705/yr annual cash flow and $892/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,174/mo payment keeps the spread at $892/mo. Purchase price stands at $239,900, and rental yield measures 11.55% with $2,310/mo rent. Return on cash invested shows 33.37% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 174.73% and total cumulative return in cash records $138,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Apartment
Built in 1972
576 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
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Listed by: Richard F Barker • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls ID: #6948049