20879 N 223rd AveSurpriseAZ85387
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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 Surprise at 20879 N 223rd Ave, Surprise, AZ, 85387 listed at $355,990 pairs $2,400/mo rent with a $1,742/mo payment to leave $188/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $2,257/yr on $118,011 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 8.09% at a $355,990 basis. Equity gained on principal adds $2,297/yr, and annual property appreciation at 5% supports $98,353 by year five. Five-year ROI tracks 113.16% and total cumulative return in cash totals $133,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,371 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
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Listed by: Jayson Miller • The New Home Company
Mls Name: ARMLS
Mls Provider:
Mls ID: #6765010
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