20811 N 223rd AveSurpriseAZ85387
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.9% yield at 20811 N 223rd Ave, Surprise, AZ, 85387 in Surprise is solid, but the $2,028/mo payment compresses net cash flow to $196/mo at $451,020. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $124,609 by year five, and $4,154/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.46) without U.S. income documentation. Total projected return: $183,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.8% |
| Monthly Cash Flow | $196 | $1,250 |
City averages based on Surprise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,970 |
| Total Monthly Debt Service | $2,595 |
| DSCR Ratio | 1.14x |
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.
Single Family
Built in 2025
6,000 sqft lot
$N/A/sqft
$108 monthly 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
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
Single Family
Built in 2025
6,000 sqft lot
$N/A/sqft
$108 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jayson Miller • The New Home Company
Mls Name: ARMLS
Mls Provider:
Mls ID: #6803292
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