7699 W Tether TrlPeoriaAZ85383
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 7699 W Tether Trl, Peoria, AZ, 85383 offers $3,000/mo rent that, after a $3,617/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 12.86% in year one, and rental yield stands at 4.87% at a $738,990 entry. Equity gained on principal adds $4,769/yr while 5% annual appreciation compounds into $204,169 by year five. Five-year ROI records 64.82% and total cumulative return in cash reaches $157,589. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $3,617/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,250 sqft lot
$N/A/sqft
$90 monthly 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: Danny Kallay • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6714648
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