629 S Hoover RdGolden ValleyAZ86413
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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 Golden Valley at 629 S Hoover Rd, Golden Valley, AZ, 86413 offers $939/mo rent that, after a $587/mo payment, leaves $230/mo cash flow. Total monthly income is $939/mo, and annual cash flow is $2,760/yr on $39,780 cash. Return on cash invested measures 26.85% in year one, and rental yield stands at 9.39% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 139.69% and total cumulative return in cash reaches $55,567. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $939/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86413, Golden Valley, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,427 (100%) |
| Owner Occupied HU | 4,739 (73.7%) |
| Renter Occupied HU | 704 (11.0%) |
| Vacant Housing Units | 984 (15.3%) |
| Median Home Value | $175,618 |
| Average Home Value | $200,475 |
Housing Distribution
Address Breakdown
Residential
5,424
Single Family
5,160
Multi-Family
264
Businesses
98
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Listed by: Jared English • Congress Realty Inc.
Mls Name: WARDEX
Mls ID: #034218