33575 N Dove Lakes Dr UNIT 2033, Cave Creek, AZ, 85331 | $1,222/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 33575 N Dove Lakes Dr UNIT 2033, Cave Creek, AZ, 85331 uses $132,600 cash to close to unlock $14,668/yr annual cash flow and $1,222/mo monthly cash flow. Total monthly income runs $3,978/mo, and a $1,958/mo payment keeps the spread at $1,222/mo. Purchase price stands at $400,000, and rental yield measures 11.93% with $3,978/mo rent. Return on cash invested shows 30.97% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 163.09% and total cumulative return in cash records $216,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,978/mo property income covering a $1,958/mo payment rather than investor’s personal income.

Apartment

Built in 2017

1,350 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