493 Riverfront DrParkerAZ85344
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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 Parker at 493 Riverfront Dr, Parker, AZ, 85344 priced at $189,000 pairs $1,320/mo rent with $203/mo cash flow after a $925/mo payment. Total monthly income equals $1,320/mo, and annual cash flow comes to $2,434/yr on $62,654 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 8.38% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 123.32% and total cumulative return in cash reaches $77,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1983
4,356 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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