18514 N Laguna Azul CtMorehead CityAZ85374
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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 Morehead City at 18514 N Laguna Azul Ct, Morehead City, AZ, 85374 offers a 4.7% rental yield on a $597,900 purchase with $2,340/mo rent. 83% in year one. Equity gained on principal adds $3,858/yr while 5% annual appreciation supports $165,189 over five years. Portfolio math shows five-year ROI at 59.48% and total cumulative return in cash at $117,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $2,926/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
8,959 sqft lot
$N/A/sqft
$1,861 annually 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: Nancy Muslin • Home Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6839864
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