9121 W Cortez AvePeoriaAZ85345
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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 9121 W Cortez Ave, Peoria, AZ, 85345 generates $2,415/mo in rent and, after a $1,640/mo payment, leaves $434/mo in cash flow. Total monthly income is $2,415/mo, and annual cash flow is $5,213/yr on $111,053 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 8.65% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 127.68% and total cumulative return in cash sums $141,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,415/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
7,706 sqft lot
$N/A/sqft
No 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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Listed by: Clay Strawn • Legion Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6760619
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