6014 E Surrey 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 6014 E Surrey Dr, Cave Creek, AZ, 85331 uses $196,742 cash to close to unlock $1,836/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $3,688/mo, and a $2,927/mo payment keeps the spread at $153/mo. Purchase price stands at $598,000, and rental yield measures 7.4% with $3,688/mo rent. Return on cash invested shows 20.99% in year one, and 5% annual appreciation builds toward $165,216 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash records $213,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,688/mo property income covering a $2,927/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.43 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: Tammy Chappell • HomeSmart
Mls Name: ARMLS
Mls ID: #6891675