32515 N 214th AveWittmannAZ85361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wittmann at 32515 N 214th Ave, Wittmann, AZ, 85361 offers a 7.61% rental yield on a $389,900 purchase with $2,473/mo rent. Total monthly income registers $2,473/mo, and a $1,908/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,023/yr on $129,252 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 110.88% and total cumulative return in cash at $143,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,473/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85361, Wittmann, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,261 (100%) |
| Owner Occupied HU | 2,613 (80.1%) |
| Renter Occupied HU | 265 ( 8.1%) |
| Vacant Housing Units | 383 (11.7%) |
| Median Home Value | $531,327 |
| Average Home Value | $549,075 |
Housing Distribution
Address Breakdown
Residential
3,245
Single Family
3,245
Multi-Family
0
Businesses
70
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Listed by: Lynn Hachey • Morgan Taylor Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6848855
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