8006 W Griswold RdPeoriaAZ85345
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play8006 W Griswold Rd, Peoria, AZ, 85345 in Peoria is priced for appreciation, not yield. Rental yield 5.01%. At $568,820 with a 5.01% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $157,154 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.93) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $143,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.8% |
| Monthly Cash Flow | $(1,122) | $850 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,376 |
| Total Monthly Debt Service | $3,272 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
5,000 sqft lot
$N/A/sqft
$136 monthly 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
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
Single Family
Built in 2025
5,000 sqft lot
$N/A/sqft
$136 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Fuller • K. Hovnanian Great Western Homes, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6862752
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