5403 E Cannon DrParadise ValleyAZ85253
Nearby investment properties with comparable rents
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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 Paradise Valley at 5403 E Cannon Dr, Paradise Valley, AZ, 85253 offers $4,909/mo rent that, after a $8,076/mo payment. Total monthly income is $4,909/mo. Return on cash invested measures 9.43% in year one, and rental yield stands at 3.57% at a $1,650,000 entry. Equity gained on principal adds $10,647/yr while 5% annual appreciation compounds into $455,865 by year five. Five-year ROI records 46.22% and total cumulative return in cash reaches $247,073. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,909/mo property income versus a $8,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
10,222 sqft lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85253, Paradise Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,785 (100%) |
| Owner Occupied HU | 6,446 (73.4%) |
| Renter Occupied HU | 853 ( 9.7%) |
| Vacant Housing Units | 1,486 (16.9%) |
| Median Home Value | $1,611,239 |
| Average Home Value | $1,552,288 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
6,332
Multi-Family
1,597
Businesses
570
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Listed by: Brian C North • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6809000
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