8702 Papago LoopParkerAZ85344
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 Parker at 8702 Papago Loop, Parker, AZ, 85344 priced at $1,249,000 converts $3,031/mo rent into after a $6,113/mo obligation. Total monthly income equals $3,031/mo. Return on cash invested prints 7.25% in year one, and rental yield reads 2.91% against a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation compiles into $345,076 by year five. Five-year ROI reaches 34.58% and total cumulative return in cash sums $139,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,031/mo property income covering a $6,113/mo payment, not borrower’s personal income.
Single Family
Built in 1979
8,276 sqft lot
$N/A/sqft
$216 quarterly 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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