24643 N 164th DrSurpriseAZ85387
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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 24643 N 164th Dr, Surprise, AZ, 85387 offers a 6.98% rental yield on a $412,490 purchase with $2,400/mo rent. 05% in year one. Equity gained on principal adds $2,662/yr while 5% annual appreciation supports $113,963 over five years. Portfolio math shows five-year ROI at 93.04% and total cumulative return in cash at $127,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,019/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2,820 sqft lot
$N/A/sqft
$174 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: Jessica D Dettman • Lennar Sales Corp
Mls Name: ARMLS
Mls Provider:
Mls ID: #6881403
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