31153 N 117th DrPeoriaAZ85383
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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 Peoria at 31153 N 117th Dr, Peoria, AZ, 85383 generates $5,762/mo in rent, after a $8,296/mo payment. Total monthly income is $5,762/mo. Return on cash invested sits at 10.6% in year one, and rental yield is 4.08% on a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 52.59% and total cumulative return in cash sums $288,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,762/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
$648 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85383, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,383 (100%) |
| Owner Occupied HU | 24,469 (83.3%) |
| Renter Occupied HU | 2,215 ( 7.5%) |
| Vacant Housing Units | 2,699 ( 9.2%) |
| Median Home Value | $625,101 |
| Average Home Value | $690,848 |
Housing Distribution
Address Breakdown
Residential
27,579
Single Family
12,386
Multi-Family
15,193
Businesses
292
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Listed by: Nathan C Martinez • RE/MAX Professionals
Mls Name: ARMLS
Mls Provider:
Mls ID: #6786229
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