189 Laguna Dr ELitchfield ParkAZ85340
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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
Rental property for sale in Litchfield Park at 189 Laguna Dr E, Litchfield Park, AZ, 85340 priced at $302,000 pairs $2,167/mo rent with $382/mo cash flow after a $1,478/mo payment. Total monthly income equals $2,167/mo, and annual cash flow comes to $4,584/yr on $100,113 invested. Return on cash invested is 24.49% in year one, and rental yield stands at 8.61% on a $302,000 basis. Equity gained on principal adds $1,949/yr, and 5% annual appreciation accumulates to $83,437 by year five. Five-year ROI measures 127.02% and total cumulative return in cash reaches $127,168. For financing, Ziffy Mortgage’s DSCR program evaluates $2,167/mo property income against a $1,478/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1974
4,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85340, Litchfield Park, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,855 (100%) |
| Owner Occupied HU | 12,616 (79.6%) |
| Renter Occupied HU | 2,214 (14.0%) |
| Vacant Housing Units | 1,025 ( 6.5%) |
| Median Home Value | $587,764 |
| Average Home Value | $616,464 |
Housing Distribution
Address Breakdown
Residential
14,565
Single Family
8,427
Multi-Family
6,138
Businesses
858
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Listed by: Deanna S Weaver • Exit Realty-Realty Place
Mls Name: ARMLS
Mls Provider:
Mls ID: #6868313
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.