423 E Paradise LnParkerAZ85344
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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
Rental property for sale in Parker at 423 E Paradise Ln, Parker, AZ, 85344 priced at $129,900 converts $999/mo rent into $231/mo cash flow after a $636/mo obligation. Total monthly income equals $999/mo, and annual cash flow totals $2,771/yr on $43,062 invested. Return on cash invested prints 26.34% in year one, and rental yield reads 9.23% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 136.98% and total cumulative return in cash sums $58,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $999/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85344, Parker, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 2,523 (40.4%) |
| Renter Occupied HU | 1,125 (18.0%) |
| Vacant Housing Units | 2,599 (41.6%) |
| Median Home Value | $225,364 |
| Average Home Value | $284,919 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,516
Multi-Family
285
Businesses
531
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