23796 N 165th DrSurpriseAZ85387
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 23796 N 165th Dr, Surprise, AZ, 85387 in Surprise at $595,995, 4.83% gross yield, is a market-growth asset. Rental yield 4.83%. The $3,166/mo rent partially funds the $2,680/mo debt service; the core return is the 5%/yr price growth projected to add $164,662 over five years. Ziffy Mortgage's DSCR mortgage (1.18) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $196,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 5.8% |
| Monthly Cash Flow | $(1,217) | $1,250 |
City averages based on Surprise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,166 |
| Total Monthly Debt Service | $3,380 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
8,500 sqft lot
$N/A/sqft
$94 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
8,500 sqft lot
$N/A/sqft
$94 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: John Bargnesi • Richmond American Homes
Mls Name: ARMLS
Mls Provider:
Mls ID: #6860768
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