36601 N Mule Train Rd #B40CarefreeAZ85377
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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
Investment property for sale in Carefree at 36601 N Mule Train Rd #B40, Carefree, AZ, 85377 offers a 5.58% rental yield on a $619,000 purchase with $2,880/mo rent. 47% in year one. Equity gained on principal adds $3,994/yr while 5% annual appreciation supports $171,018 over five years. Portfolio math shows five-year ROI at 78.63% and total cumulative return in cash at $160,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $3,030/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
1,983 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85377, Carefree, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,462 (100%) |
| Owner Occupied HU | 1,612 (65.5%) |
| Renter Occupied HU | 169 ( 6.9%) |
| Vacant Housing Units | 681 (27.7%) |
| Median Home Value | $1,046,392 |
| Average Home Value | $1,121,611 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
525
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