8237 W Alex AvePeoriaAZ85382
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 8237 W Alex Ave, Peoria, AZ, 85382 generates $3,044/mo in rent and, after a $2,227/mo payment, leaves $299/mo in cash flow. Total monthly income is $3,044/mo, and annual cash flow is $3,593/yr on $150,833 invested. Return on cash invested sits at 22.29% in year one, and rental yield is 8.03% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 115.43% and total cumulative return in cash sums $174,100. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7,008 sqft lot
$N/A/sqft
$165 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85382, Peoria, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,038 (100%) |
| Owner Occupied HU | 13,187 (65.8%) |
| Renter Occupied HU | 5,121 (25.6%) |
| Vacant Housing Units | 1,730 ( 8.6%) |
| Median Home Value | $458,365 |
| Average Home Value | $502,673 |
Housing Distribution
Address Breakdown
Residential
19,497
Single Family
15,385
Multi-Family
4,112
Businesses
717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
