284 Shoreline DrLakesideAZ85929
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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 Lakeside at 284 Shoreline Dr, Lakeside, AZ, 85929 offers $1,783/mo rent that, after a $1,383/mo payment, leaves $113/mo cash flow. Total monthly income is $1,783/mo, and annual cash flow is $1,353/yr on $93,649 cash. Return on cash invested measures 21.35% in year one, and rental yield stands at 7.57% at a $282,500 entry. Equity gained on principal adds $1,823/yr while 5% annual appreciation compounds into $78,050 by year five. Five-year ROI records 110.23% and total cumulative return in cash reaches $103,226. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,783/mo property income versus a $1,383/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85929, Lakeside, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 2,794 (45.0%) |
| Renter Occupied HU | 793 (12.8%) |
| Vacant Housing Units | 2,622 (42.2%) |
| Median Home Value | $337,853 |
| Average Home Value | $385,111 |
Housing Distribution
Address Breakdown
Residential
4,474
Single Family
3,973
Multi-Family
501
Businesses
374
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