39258 N Ridgeway DrCave CreekAZ85331
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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 Cave Creek at 39258 N Ridgeway Dr, Cave Creek, AZ, 85331 earns from $4,036/mo rent with a $6,338/mo payment. Total monthly income totals $4,036/mo. ROI tracks 10.02% on current figures, and rental yield reads 3.74% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 49.34% and total cumulative return in cash sums $207,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,036/mo property income instead of your personal income.
Single Family
Built in 1992
2.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85331, Cave Creek, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,894 (100%) |
| Owner Occupied HU | 11,651 (83.9%) |
| Renter Occupied HU | 1,146 ( 8.2%) |
| Vacant Housing Units | 1,097 ( 7.9%) |
| Median Home Value | $695,432 |
| Average Home Value | $798,426 |
Housing Distribution
Address Breakdown
Residential
13,371
Single Family
8,007
Multi-Family
5,364
Businesses
438
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Listed by: Janet Mohr • Realty Executives Arizona Territory
Mls Name: ARMLS
Mls ID: #6909629