6990 N Starlight Ridge PkwyLakesideAZ85929
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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 Lakeside at 6990 N Starlight Ridge Pkwy, Lakeside, AZ, 85929 generates $2,292/mo in rent and, after a $1,591/mo payment, leaves $161/mo in cash flow. Total monthly income is $2,292/mo, and annual cash flow is $1,927/yr on $107,738 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 8.46% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 112.92% and total cumulative return in cash sums $121,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,292/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$630 quarterly 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
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