8259 W Carol AvePeoriaAZ85345
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 8259 W Carol Ave, Peoria, AZ, 85345 priced at $379,000 converts $2,376/mo rent into $56/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,376/mo, and annual cash flow totals $668/yr on $125,639 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 7.52% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 105.61% and total cumulative return in cash sums $132,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,376/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 2003
3,242 sqft lot
$N/A/sqft
$80 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: Apryle Borst • Arizona Best Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6885047
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