6022 N Karina CtLitchfield ParkAZ85340
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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 Litchfield Park at 6022 N Karina Ct, Litchfield Park, AZ, 85340 offers a 8.06% rental yield on a $333,000 purchase with $2,237/mo rent. Total monthly income registers $2,237/mo, and a $1,630/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,997/yr on $110,390 to close, and return on cash invested stands at 21.72% in year one. Equity gained on principal adds $2,149/yr while 5% annual appreciation supports $92,002 over five years. Portfolio math shows five-year ROI at 112.59% and total cumulative return in cash at $124,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,237/mo property income against a $1,630/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5,275 sqft lot
$N/A/sqft
$102 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85340, Litchfield Park, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,855 (100%) |
| Owner Occupied HU | 12,616 (79.6%) |
| Renter Occupied HU | 2,214 (14.0%) |
| Vacant Housing Units | 1,025 ( 6.5%) |
| Median Home Value | $587,764 |
| Average Home Value | $616,464 |
Housing Distribution
Address Breakdown
Residential
14,565
Single Family
8,427
Multi-Family
6,138
Businesses
858
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Listed by: Brian C Horton • Mainstay Brokerage
Mls Name: ARMLS
Mls Provider:
Mls ID: #6923180
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.