240 S Old Litchfield Rd UNIT 212Litchfield ParkAZ85340
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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 Litchfield Park at 240 S Old Litchfield Rd UNIT 212, Litchfield Park, AZ, 85340 listed at $247,900 pairs $1,739/mo rent with a $1,213/mo payment to leave $274/mo cash flow. Total monthly income runs $1,739/mo, and annual cash flow reaches $3,288/yr on $82,179 cash to close. Return on cash invested measures 23.91% in year one, and rental yield registers 8.42% at a $247,900 basis. Equity gained on principal adds $1,600/yr, and annual property appreciation at 5% supports $68,490 by year five. Five-year ROI tracks 123.93% and total cumulative return in cash totals $101,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,739/mo property income relative to a $1,213/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1972
995 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85340, Litchfield Park, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,855 (100%) |
| Owner Occupied HU | 12,616 (79.6%) |
| Renter Occupied HU | 2,214 (14.0%) |
| Vacant Housing Units | 1,025 ( 6.5%) |
| Median Home Value | $587,764 |
| Average Home Value | $616,464 |
Housing Distribution
Address Breakdown
Residential
14,565
Single Family
8,427
Multi-Family
6,138
Businesses
858
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Listed by: Patrick Foster • A.Z. & Associates
Mls Name: ARMLS
Mls ID: #6948591