618 S 122nd LnAvondaleAZ85323
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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 Avondale at 618 S 122nd Ln, Avondale, AZ, 85323 offers a 9.2% rental yield on a $415,000 purchase with $3,181/mo rent. Total monthly income registers $3,181/mo, and a $2,031/mo payment leaves $728/mo available for distribution. Annual cash flow reaches $8,737/yr on $137,573 to close, and return on cash invested stands at 26.26% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 136.56% and total cumulative return in cash at $187,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,181/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
6,674 sqft lot
$N/A/sqft
No 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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