24275 N 160th 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 24275 N 160th Ave, Surprise, AZ, 85387 listed at $650,900 pairs $2,970/mo rent with a $3,186/mo payment. Total monthly income runs $2,970/mo. Return on cash invested measures 14.36% in year one, and rental yield registers 5.48% at a $650,900 basis. Equity gained on principal adds $4,200/yr, and annual property appreciation at 5% supports $179,832 by year five. Five-year ROI tracks 73% and total cumulative return in cash totals $156,320. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,970/mo property income relative to a $3,186/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
6,360 sqft lot
$N/A/sqft
$139 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: Shelley Dass • Fulton Home Sales Corporation
Mls Name: ARMLS
Mls Provider:
Mls ID: #6764923
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