8347 W Taro LnPeoriaAZ85382
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 8347 W Taro Ln, Peoria, AZ, 85382 priced at $402,500 converts $2,760/mo rent into $19/mo cash flow after a $1,970/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $225/yr on $133,429 invested. Return on cash invested prints 20.08% in year one, and rental yield reads 8.23% against a $402,500 entry. Equity gained on principal adds $2,597/yr, while 5% annual appreciation compiles into $111,203 by year five. Five-year ROI reaches 104.57% and total cumulative return in cash sums $139,521. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,970/mo payment, not borrower’s personal income.
Townhouse
Built in 1994
459 sqft lot
$N/A/sqft
$362 monthly 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
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Listed by: Melissa R Bjurlin • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6829366
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