6886 Forest Ave #11LakesideAZ85929
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.17% yield at 6886 Forest Ave #11, Lakeside, AZ, 85929 in Lakeside is solid, but the $472/mo payment compresses net cash flow to $181/mo at $105,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $29,010 by year five, and $967/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.70) without U.S. income documentation. Total projected return: $51,399.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $181 | $350 |
City averages based on Lakeside market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $802 |
| Total Monthly Debt Service | $579 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1998
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85929, Lakeside, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 2,794 (45.0%) |
| Renter Occupied HU | 793 (12.8%) |
| Vacant Housing Units | 2,622 (42.2%) |
| Median Home Value | $337,853 |
| Average Home Value | $385,111 |
Housing Distribution
Address Breakdown
Residential
4,474
Single Family
3,973
Multi-Family
501
Businesses
374
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
Manufactured
Built in 1998
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85929, Lakeside, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 2,794 (45.0%) |
| Renter Occupied HU | 793 (12.8%) |
| Vacant Housing Units | 2,622 (42.2%) |
| Median Home Value | $337,853 |
| Average Home Value | $385,111 |
Housing Distribution
Address Breakdown
Residential
4,474
Single Family
3,973
Multi-Family
501
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices