206 E Lawrence Blvd APT 121AvondaleAZ85323
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 206 E Lawrence Blvd APT 121, Avondale, AZ, 85323 in Avondale hard to pass up. The 10.13% gross yield on a $279,600 purchase results in $2,359/mo in rent and $706/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.88). Annual cash flow of $8,477, five-year appreciation of $77,248, and $2,575/yr in equity build-up combine for a projected total cumulative return of $151,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $706 | $300 |
City averages based on Avondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,359 |
| Total Monthly Debt Service | $1,542 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
1,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
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
Townhouse
Built in 2007
1,340 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices