18651 N Salerno CtSurpriseAZ85387
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
Investment property for sale in Surprise at 18651 N Salerno Ct, Surprise, AZ, 85387 uses $118,644 cash to close to unlock $757/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $2,339/mo, and a $1,752/mo payment keeps the spread at $63/mo. Purchase price stands at $357,900, and rental yield measures 7.84% with $2,339/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $98,881 over five years. Five-year ROI reaches 106.52% and total cumulative return in cash records $126,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,339/mo property income covering a $1,752/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,713 sqft lot
$N/A/sqft
$1,921 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85387, Surprise, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,798 (100%) |
| Owner Occupied HU | 12,307 (83.2%) |
| Renter Occupied HU | 605 ( 4.1%) |
| Vacant Housing Units | 1,886 (12.7%) |
| Median Home Value | $514,786 |
| Average Home Value | $549,452 |
Housing Distribution
Address Breakdown
Residential
12,371
Single Family
8,196
Multi-Family
4,175
Businesses
23
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Listed by: Julia Richardson • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6881320
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