4224 E Luther LnCave CreekAZ85331
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 Cave Creek at 4224 E Luther Ln, Cave Creek, AZ, 85331 listed at $1,138,000 pairs $3,879/mo rent with a $5,570/mo payment. Total monthly income runs $3,879/mo. Return on cash invested measures 10.4% in year one, and rental yield registers 4.09% at a $1,138,000 basis. Equity gained on principal adds $7,343/yr, and annual property appreciation at 5% supports $314,408 by year five. Five-year ROI tracks 51.63% and total cumulative return in cash totals $190,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,879/mo property income relative to a $5,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,750 sqft lot
$N/A/sqft
$216 monthly 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: Kaylee Smith • KLMR Sales
Mls Name: ARMLS
Mls Provider:
Mls ID: #6874204
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.