7253 W Kings AvePeoriaAZ85382
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 Peoria at 7253 W Kings Ave, Peoria, AZ, 85382 offers $2,634/mo rent that, after a $2,297/mo payment. Total monthly income is $2,634/mo. Return on cash invested measures 18.42% in year one, and rental yield stands at 6.73% at a $469,333 entry. Equity gained on principal adds $3,029/yr while 5% annual appreciation compounds into $129,668 by year five. Five-year ROI records 94.63% and total cumulative return in cash reaches $147,232. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,634/mo property income versus a $2,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,414 sqft lot
$N/A/sqft
$159 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85382, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,038 (100%) |
| Owner Occupied HU | 13,187 (65.8%) |
| Renter Occupied HU | 5,121 (25.6%) |
| Vacant Housing Units | 1,730 ( 8.6%) |
| Median Home Value | $458,365 |
| Average Home Value | $502,673 |
Housing Distribution
Address Breakdown
Residential
19,497
Single Family
15,385
Multi-Family
4,112
Businesses
717
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Nearby investment properties with comparable prices
Listed by: Kurtis B Joiner • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6796502
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