18478 N Canal DrSurpriseAZ85374
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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 18478 N Canal Dr, Surprise, AZ, 85374 uses $128,622 cash to close to unlock $1,290/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,899/mo payment keeps the spread at $108/mo. Purchase price stands at $388,000, and rental yield measures 8.03% with $2,596/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $107,197 over five years. Five-year ROI reaches 108.53% and total cumulative return in cash records $139,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,899/mo payment rather than investor’s personal income.
Single Family
Built in 2007
6,138 sqft lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85374, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,170 (100%) |
| Owner Occupied HU | 14,782 (63.8%) |
| Renter Occupied HU | 4,669 (20.2%) |
| Vacant Housing Units | 3,719 (16.1%) |
| Median Home Value | $439,170 |
| Average Home Value | $500,015 |
Housing Distribution
Address Breakdown
Residential
20,371
Single Family
16,121
Multi-Family
4,250
Businesses
1,232
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Listed by: Mary Fusinski • ProSmart Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6782985
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