18229 N 89th DrPeoriaAZ85382
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
Rental property for sale in Peoria at 18229 N 89th Dr, Peoria, AZ, 85382 generates $2,758/mo in rent and, after a $2,198/mo payment, leaves $104/mo in cash flow. Total monthly income is $2,758/mo, and annual cash flow is $1,242/yr on $148,844 invested. Return on cash invested sits at 20.74% in year one, and rental yield is 7.37% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 106.96% and total cumulative return in cash sums $159,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,758/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85382, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,038 (100%) |
| Owner Occupied HU | 13,187 (65.8%) |
| Renter Occupied HU | 5,121 (25.6%) |
| Vacant Housing Units | 1,730 ( 8.6%) |
| Median Home Value | $458,365 |
| Average Home Value | $502,673 |
Housing Distribution
Address Breakdown
Residential
19,497
Single Family
15,385
Multi-Family
4,112
Businesses
717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices