7401 W Desert Cove AvePeoriaAZ85345
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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
Investment property for sale in Peoria at 7401 W Desert Cove Ave, Peoria, AZ, 85345 offers a 7.48% rental yield on a $347,000 purchase with $2,162/mo rent. Total monthly income registers $2,162/mo, and a $1,698/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,335/yr on $115,031 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $2,239/yr while 5% annual appreciation supports $95,870 over five years. Portfolio math shows five-year ROI at 108.73% and total cumulative return in cash at $125,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,162/mo property income against a $1,698/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,896 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85345, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,027 (100%) |
| Owner Occupied HU | 16,452 (63.2%) |
| Renter Occupied HU | 8,055 (30.9%) |
| Vacant Housing Units | 1,520 ( 5.8%) |
| Median Home Value | $350,638 |
| Average Home Value | $389,293 |
Housing Distribution
Address Breakdown
Residential
23,292
Single Family
18,111
Multi-Family
5,181
Businesses
832
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Listed by: Tara Jones • Opendoor Brokerage, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6767602
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