5123 W Novak WayLaveenAZ85339
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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 Laveen at 5123 W Novak Way, Laveen, AZ, 85339 with 5% annual appreciation on a $495,000 basis while $2,197/mo rent supports operations. 18% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 5.33%. Five-year ROI measures 71.9% and total cumulative return in cash totals $117,982. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,197/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
5,750 sqft lot
$N/A/sqft
$54 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85339, Laveen, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,337 (100%) |
| Owner Occupied HU | 14,153 (77.2%) |
| Renter Occupied HU | 3,421 (18.7%) |
| Vacant Housing Units | 763 ( 4.2%) |
| Median Home Value | $468,200 |
| Average Home Value | $537,750 |
Housing Distribution
Address Breakdown
Residential
16,452
Single Family
16,239
Multi-Family
213
Businesses
518
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Listed by: Sherman Weekes • Crest Premier Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6861869
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