522 E Elm LnAvondaleAZ85323
Nearby investment properties with comparable rents
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 Avondale at 522 E Elm Ln, Avondale, AZ, 85323 offers $2,477/mo rent that, after a $1,908/mo payment, leaves $75/mo cash flow. Total monthly income is $2,477/mo, and annual cash flow is $895/yr on $129,252 cash. Return on cash invested measures 20.6% in year one, and rental yield stands at 7.62% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 106.52% and total cumulative return in cash reaches $137,677. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,477/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,950 sqft lot
$N/A/sqft
$98 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
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Nearby investment properties with comparable prices
Listed by: Lori Ann Korte-Gonzalez • DeLex Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6783768
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