44311 N 1st DrNew RiverAZ85087
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 New River at 44311 N 1st Dr, New River, AZ, 85087 generates $2,354/mo in rent, after a $2,643/mo payment. Total monthly income is $2,354/mo. Return on cash invested sits at 14.4% in year one, and rental yield is 5.23% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 72.89% and total cumulative return in cash sums $129,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,354/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85087, New River, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,255 (100%) |
| Owner Occupied HU | 3,498 (82.2%) |
| Renter Occupied HU | 299 ( 7.0%) |
| Vacant Housing Units | 458 (10.8%) |
| Median Home Value | $594,491 |
| Average Home Value | $660,770 |
Housing Distribution
Address Breakdown
Residential
3,817
Single Family
2,454
Multi-Family
1,363
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tina Cobos • Berkshire Hathaway HomeServices Arizona Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6884318
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