8625 Riverside Dr UNIT 54ParkerAZ85344
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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
Total monthly income runs $1,915/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 6.57% with $1,915/mo rent. Return on cash invested shows 15.29% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 78.82% and total cumulative return in cash records $91,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,915/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 1982
871.20 sqft lot
$N/A/sqft
$293 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85344, Parker, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 2,523 (40.4%) |
| Renter Occupied HU | 1,125 (18.0%) |
| Vacant Housing Units | 2,599 (41.6%) |
| Median Home Value | $225,364 |
| Average Home Value | $284,919 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,516
Multi-Family
285
Businesses
531
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