24907 S Lakestar DrSun LakesAZ85248
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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 Sun Lakes at 24907 S Lakestar Dr, Sun Lakes, AZ, 85248 uses $153,153 cash to close to unlock $3,790/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $2,261/mo payment keeps the spread at $316/mo. Purchase price stands at $462,000, and rental yield measures 9.19% with $3,540/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $127,642 over five years. Five-year ROI reaches 117.14% and total cumulative return in cash records $179,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $2,261/mo payment rather than investor’s personal income.
Single Family
Built in 1997
7,627 sqft lot
$N/A/sqft
$2,961 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85248, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,653 (100%) |
| Owner Occupied HU | 14,199 (72.2%) |
| Renter Occupied HU | 3,336 (17.0%) |
| Vacant Housing Units | 2,118 (10.8%) |
| Median Home Value | $532,336 |
| Average Home Value | $593,668 |
Housing Distribution
Address Breakdown
Residential
20,209
Single Family
13,742
Multi-Family
6,467
Businesses
968
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Listed by: Kenny Klaus • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #6873678
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