5019 E Lucia DrCave CreekAZ85331
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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 Cave Creek at 5019 E Lucia Dr, Cave Creek, AZ, 85331 generates $4,830/mo in rent, after a $7,564/mo payment. Total monthly income is $4,830/mo. Return on cash invested sits at 10.05% in year one, and rental yield is 3.75% on a $1,545,500 entry. Equity gained on principal adds $9,973/yr, while 5% annual appreciation builds toward $426,993 over five years. Five-year ROI reaches 49.51% and total cumulative return in cash sums $247,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,830/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
10,016 sqft lot
$N/A/sqft
No 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: Jason P Kush • J. P. Kush & Associates, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6811330
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