5023 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
Investment property for sale in Cave Creek at 5023 E Lucia Dr, Cave Creek, AZ, 85331 with 5% annual appreciation on a $1,399,500 basis while $4,840/mo rent supports operations. 29% in year one. Equity gained on principal adds $9,031/yr, and five-year appreciation sums $386,656 alongside rental yield of 4.15%. Five-year ROI measures 56.13% and total cumulative return in cash totals $254,514. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,840/mo property income versus a $6,850/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.34 Acres 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: #6811954
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