37206 N Tom Darlington Dr APT 6CarefreeAZ85377
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 Carefree at 37206 N Tom Darlington Dr APT 6, Carefree, AZ, 85377 generates $2,880/mo in rent and, after a $2,080/mo payment, leaves $151/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $1,815/yr on $140,888 invested. Return on cash invested sits at 21.2% in year one, and rental yield is 8.13% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 110.07% and total cumulative return in cash sums $155,081. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
1,406 sqft lot
$N/A/sqft
$650 quarterly 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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Listed by: Laura A Shutt • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6775714
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