33575 N Dove Lakes Dr UNIT 2030Cave CreekAZ85331
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 Cave Creek at 33575 N Dove Lakes Dr UNIT 2030, Cave Creek, AZ, 85331 earns $581/mo cash flow from $3,360/mo rent with a $1,977/mo payment. Total monthly income totals $3,360/mo, and annual cash flow totals $6,975/yr on $133,926 capital. ROI tracks 25.12% on current figures, and rental yield reads 9.98% at a $404,000 purchase. Equity gained on principal adds $2,607/yr, and 5% annual appreciation supports $111,618 over five years. Five-year ROI reaches 131.7% and total cumulative return in cash sums $176,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Apartment
Built in 2015
1,363 sqft lot
$N/A/sqft
$391 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 |
Housing Distribution
Address Breakdown
Residential
13,371
Single Family
8,007
Multi-Family
5,364
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie Lynn Millsaps • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6767987
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