699 E Watermelon LnQueen CreekAZ85140
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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
Rental property for sale in Queen Creek at 699 E Watermelon Ln, Queen Creek, AZ, 85140 priced at $581,000 pairs $4,067/mo rent with $140/mo cash flow after a $2,844/mo payment. Total monthly income equals $4,067/mo, and annual cash flow comes to $1,676/yr on $191,149 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 8.4% on a $581,000 basis. Equity gained on principal adds $3,749/yr, and 5% annual appreciation accumulates to $160,520 by year five. Five-year ROI measures 109.08% and total cumulative return in cash reaches $208,498. For financing, Ziffy Mortgage’s DSCR program evaluates $4,067/mo property income against a $2,844/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,246 sqft lot
$N/A/sqft
$1,478 quarterly HOA
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Listed by: Ben Leeson • Keller Williams Integrity First
Mls Name: ARMLS
Mls Provider:
Mls ID: #6879483
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.