8012 W Griswold RdPeoriaAZ85345
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 8012 W Griswold Rd, Peoria, AZ, 85345 offers $4,284/mo rent that, after a $2,988/mo payment, leaves $539/mo cash flow. Total monthly income is $4,284/mo, and annual cash flow is $6,473/yr on $200,825 cash. Return on cash invested measures 23.28% in year one, and rental yield stands at 8.42% at a $610,410 entry. Equity gained on principal adds $3,939/yr while 5% annual appreciation compounds into $168,645 by year five. Five-year ROI records 120.84% and total cumulative return in cash reaches $242,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,284/mo property income versus a $2,988/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Nearby investment properties with comparable prices
Listed by: Chad Fuller • K. Hovnanian Great Western Homes, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6878788
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