24833 N Vado CtRio VerdeAZ85263
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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
Rental property for sale in Rio Verde at 24833 N Vado Ct, Rio Verde, AZ, 85263 generates $7,195/mo in rent, after a $8,120/mo payment. Total monthly income is $7,195/mo. Return on cash invested sits at 13.74% in year one, and rental yield is 5.2% on a $1,659,000 entry. Equity gained on principal adds $10,705/yr, while 5% annual appreciation builds toward $458,351 over five years. Five-year ROI reaches 69.57% and total cumulative return in cash sums $373,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,195/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.52 Acres lot
$N/A/sqft
$2,152 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85263, Rio Verde, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,145 (100%) |
| Owner Occupied HU | 2,206 (70.1%) |
| Renter Occupied HU | 49 ( 1.6%) |
| Vacant Housing Units | 890 (28.3%) |
| Median Home Value | $831,363 |
| Average Home Value | $925,283 |
Housing Distribution
Address Breakdown
Residential
2,994
Single Family
1,214
Multi-Family
1,780
Businesses
22
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Listed by: Freddie Nowlin • Realty Executives
Mls Name: ARMLS
Mls Provider:
Mls ID: #6840302
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