38560 N Joann WaySan Tan ValleyAZ85140
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 38560 N Joann Way, San Tan Valley, AZ, 85140 in San Tan Valley is a conservative rental investment at $400,000. Rental yield 6.65%. A 1.23 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $110,513; $3,684/yr in principal paydown supplements. Total projected return: $137,458.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.5% |
| Monthly Cash Flow | $(218) | $400 |
City averages based on San Tan Valley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,215 |
| Total Monthly Debt Service | $2,274 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
5,438 sqft lot
$N/A/sqft
$206 quarterly HOA
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
Single Family
Built in 2007
5,438 sqft lot
$N/A/sqft
$206 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian J Cunningham • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6866277
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.