29606 N Tatum Blvd APT 204, Cave Creek, AZ, 85331 | $96/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cave Creek at 29606 N Tatum Blvd APT 204, Cave Creek, AZ, 85331 offers a 8.73% rental yield on a $271,500 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $1,329/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,152/yr on $90,002 to close, and return on cash invested stands at 21.19% in year one. Equity gained on principal adds $1,752/yr while 5% annual appreciation supports $75,010 over five years. Portfolio math shows five-year ROI at 110.66% and total cumulative return in cash at $99,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $1,329/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Apartment

Built in 1999

924 sqft lot

$N/A/sqft

$274 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 85331, Cave Creek, AZ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,894 (100%)
Owner Occupied HU	11,651 (83.9%)
Renter Occupied HU	1,146 ( 8.2%)
Vacant Housing Units	1,097 ( 7.9%)
Median Home Value	$695,432
Average Home Value	$798,426