23602 S Desert Dance CtSun LakesAZ85248
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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 Sun Lakes at 23602 S Desert Dance Ct, Sun Lakes, AZ, 85248 listed at $487,500 pairs $3,540/mo rent with a $2,386/mo payment to leave $412/mo cash flow. Total monthly income runs $3,540/mo, and annual cash flow reaches $4,938/yr on $161,606 cash to close. Return on cash invested measures 22.96% in year one, and rental yield registers 8.71% at a $487,500 basis. Equity gained on principal adds $3,146/yr, and annual property appreciation at 5% supports $134,687 by year five. Five-year ROI tracks 119.53% and total cumulative return in cash totals $193,171. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,540/mo property income relative to a $2,386/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
9,847 sqft lot
$N/A/sqft
$1,481 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85248, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,653 (100%) |
| Owner Occupied HU | 14,199 (72.2%) |
| Renter Occupied HU | 3,336 (17.0%) |
| Vacant Housing Units | 2,118 (10.8%) |
| Median Home Value | $532,336 |
| Average Home Value | $593,668 |
Housing Distribution
Address Breakdown
Residential
20,209
Single Family
13,742
Multi-Family
6,467
Businesses
968
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Listed by: Charlotte Young • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6870011
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