3587 N Horse Mesa RdGolden ValleyAZ86413
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
Rental property for sale in Golden Valley at 3587 N Horse Mesa Rd, Golden Valley, AZ, 86413 priced at $149,000 converts $1,111/mo rent into $231/mo cash flow after a $729/mo obligation. Total monthly income equals $1,111/mo, and annual cash flow totals $2,766/yr on $49,394 invested. Return on cash invested prints 25.51% in year one, and rental yield reads 8.95% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 132.56% and total cumulative return in cash sums $65,476. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,111/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1999
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86413, Golden Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,427 (100%) |
| Owner Occupied HU | 4,739 (73.7%) |
| Renter Occupied HU | 704 (11.0%) |
| Vacant Housing Units | 984 (15.3%) |
| Median Home Value | $175,618 |
| Average Home Value | $200,475 |
Housing Distribution
Address Breakdown
Residential
5,424
Single Family
5,160
Multi-Family
264
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Smith • Hamill Real Estate Inc.
Mls Name: WARDEX
Mls Provider:
Mls ID: #028955
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.