7024 W Tether TrlPeoriaAZ85383
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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
Total monthly income runs $3,833/mo, and a $3,205/mo payment. Purchase price stands at $654,900, and rental yield measures 7.02% with $3,833/mo rent. Return on cash invested shows 19.66% in year one, and 5% annual appreciation builds toward $180,937 over five years. Five-year ROI reaches 101.19% and total cumulative return in cash records $218,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,833/mo property income covering a $3,205/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
$100 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85383, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,383 (100%) |
| Owner Occupied HU | 24,469 (83.3%) |
| Renter Occupied HU | 2,215 ( 7.5%) |
| Vacant Housing Units | 2,699 ( 9.2%) |
| Median Home Value | $625,101 |
| Average Home Value | $690,848 |
Housing Distribution
Address Breakdown
Residential
27,579
Single Family
12,386
Multi-Family
15,193
Businesses
292
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Listed by: Vicki L Jonovich • Jonovich and Associates Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6838416
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