8922 E Olive Ln NSun LakesAZ85248
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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
Investment property for sale in Sun Lakes at 8922 E Olive Ln N, Sun Lakes, AZ, 85248 with 5% annual appreciation on a $269,000 basis while $2,385/mo rent supports operations. Total monthly income totals $2,385/mo and a $1,317/mo payment preserves $648/mo for cash returns. Annual cash flow comes to $7,779/yr on $89,174 deployed, and return on cash invested reaches 28.63% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 10.64%. Five-year ROI measures 150% and total cumulative return in cash totals $133,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,385/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1975
6,957 sqft lot
$N/A/sqft
$1,755 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85248, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,653 (100%) |
| Owner Occupied HU | 14,199 (72.2%) |
| Renter Occupied HU | 3,336 (17.0%) |
| Vacant Housing Units | 2,118 (10.8%) |
| Median Home Value | $532,336 |
| Average Home Value | $593,668 |
Housing Distribution
Address Breakdown
Residential
20,209
Single Family
13,742
Multi-Family
6,467
Businesses
968
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Listed by: Dianne Zimmerman • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6832228
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