793 Bills LoopForest LakesAZ85931
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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 Forest Lakes at 793 Bills Loop, Forest Lakes, AZ, 85931 generates $3,713/mo in rent, after a $4,038/mo payment. Total monthly income is $3,713/mo. Return on cash invested sits at 14.92% in year one, and rental yield is 5.4% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 75.67% and total cumulative return in cash sums $205,389. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,713/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85931, Forest Lakes, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 922 (100%) |
| Owner Occupied HU | 86 ( 9.3%) |
| Renter Occupied HU | 3 ( 0.3%) |
| Vacant Housing Units | 833 (90.3%) |
| Median Home Value | $546,053 |
| Average Home Value | $539,041 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Listed by: Ginger Stephens • DPR Realty LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6696136
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