8529 E Carefree DrCarefreeAZ85377
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
Investment property for sale in Carefree at 8529 E Carefree Dr, Carefree, AZ, 85377 offers a 7.61% rental yield on a $965,000 purchase with $6,118/mo rent. Total monthly income registers $6,118/mo, and a $4,723/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,967/yr on $317,485 to close, and return on cash invested stands at 21.62% in year one. Equity gained on principal adds $6,227/yr while 5% annual appreciation supports $266,612 over five years. Portfolio math shows five-year ROI at 111.64% and total cumulative return in cash at $354,427. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,118/mo property income against a $4,723/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85377, Carefree, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,462 (100%) |
| Owner Occupied HU | 1,612 (65.5%) |
| Renter Occupied HU | 169 ( 6.9%) |
| Vacant Housing Units | 681 (27.7%) |
| Median Home Value | $1,046,392 |
| Average Home Value | $1,121,611 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
