6310 E Dove Valley RdCave CreekAZ85331
Nearby investment properties with comparable rents
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 Cave Creek at 6310 E Dove Valley Rd, Cave Creek, AZ, 85331 priced at $1,695,000 converts $4,782/mo rent into after a $8,296/mo obligation. Total monthly income equals $4,782/mo. Return on cash invested prints 8.93% in year one, and rental yield reads 3.39% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 43.47% and total cumulative return in cash sums $238,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,782/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.17 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marilyn A Matura • Realty Executives
Mls Name: ARMLS
Mls Provider:
Mls ID: #6880152
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