20589 E Cholla DrCordes LakesAZ86333
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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 Cordes Lakes at 20589 E Cholla Dr, Cordes Lakes, AZ, 86333 listed at $315,000 pairs $2,006/mo rent with a $1,542/mo payment to leave $144/mo cash flow. Total monthly income runs $2,006/mo, and annual cash flow reaches $1,725/yr on $104,423 cash to close. Return on cash invested measures 21.56% in year one, and rental yield registers 7.64% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 111.34% and total cumulative return in cash totals $116,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,006/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86333, Mayer, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,374 (100%) |
| Owner Occupied HU | 2,401 (71.2%) |
| Renter Occupied HU | 502 (14.9%) |
| Vacant Housing Units | 471 (14.0%) |
| Median Home Value | $229,370 |
| Average Home Value | $526,686 |
Housing Distribution
Address Breakdown
Residential
2,253
Single Family
2,154
Multi-Family
99
Businesses
116
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Listed by: Todd Stengel • Morgan Taylor Realty
Mls Name: PAAR
Mls ID: #1078263