213 E La Mar BlvdGoodyearAZ85338
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
Investment Highlights
Rental property for sale in Goodyear at 213 E La Mar Blvd, Goodyear, AZ, 85338 offers $2,268/mo rent that, after a $1,811/mo payment, leaves $81/mo cash flow. Total monthly income is $2,268/mo, and annual cash flow is $970/yr on $122,655 cash. Return on cash invested measures 20.7% in year one, and rental yield stands at 7.36% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 106.72% and total cumulative return in cash reaches $130,901. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,268/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,905 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85338, Goodyear, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,660 (100%) |
| Owner Occupied HU | 18,615 (65.0%) |
| Renter Occupied HU | 7,005 (24.4%) |
| Vacant Housing Units | 3,040 (10.6%) |
| Median Home Value | $464,618 |
| Average Home Value | $513,834 |
Housing Distribution
Address Breakdown
Residential
25,961
Single Family
9,083
Multi-Family
16,878
Businesses
1,257
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