37170 N Granite Creek LnCarefreeAZ85377
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 Carefree at 37170 N Granite Creek Ln, Carefree, AZ, 85377 listed at $1,699,900 pairs $2,880/mo rent with a $8,320/mo payment. Total monthly income runs $2,880/mo. Return on cash invested measures 4.48% in year one, and rental yield registers 2.03% at a $1,699,900 basis. Equity gained on principal adds $10,969/yr, and annual property appreciation at 5% supports $469,651 by year five. Five-year ROI tracks 19.73% and total cumulative return in cash totals $108,648. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $8,320/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
0.36 Acres lot
$N/A/sqft
$750 semi-annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darren H Tackett • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6913316
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