20186 W Luke AveLitchfield 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
Investment property for sale in Litchfield Park at 20186 W Luke Ave, Litchfield Park, AZ, 85340 earns from $2,580/mo rent with a $3,869/mo payment. Total monthly income totals $2,580/mo. ROI tracks 9.99% on current figures, and rental yield reads 3.92% at a $790,467 purchase. Equity gained on principal adds $5,101/yr, and 5% annual appreciation supports $218,391 over five years. Five-year ROI reaches 49.4% and total cumulative return in cash sums $128,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,580/mo property income instead of your personal income.
Single Family
Built in 2025
9,848 sqft lot
$N/A/sqft
$90 monthly 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: Clayton Denk • David Weekley Homes
Mls Name: ARMLS
Mls Provider:
Mls ID: #6904482
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