8921 W Laurel LnPeoriaAZ85345
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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
Rental property for sale in Peoria at 8921 W Laurel Ln, Peoria, AZ, 85345 priced at $380,000 converts $2,143/mo rent into after a $1,860/mo obligation. Total monthly income equals $2,143/mo. Return on cash invested prints 18.59% in year one, and rental yield reads 6.77% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 95.54% and total cumulative return in cash sums $120,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,143/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1997
4,957 sqft lot
$N/A/sqft
$212 semi-annually 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
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