48983 N 5th AveNew RiverAZ85087
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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 New River at 48983 N 5th Ave, New River, AZ, 85087 generates $2,354/mo in rent and, after a $1,835/mo payment, leaves $138/mo in cash flow. Total monthly income is $2,354/mo, and annual cash flow is $1,653/yr on $124,313 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 7.53% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 109.6% and total cumulative return in cash sums $136,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,354/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
1.28 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
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