923 E Agua Fria LnAvondaleAZ85323
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 Avondale at 923 E Agua Fria Ln, Avondale, AZ, 85323 generates $2,226/mo in rent and, after a $1,615/mo payment, leaves $168/mo in cash flow. Total monthly income is $2,226/mo, and annual cash flow is $2,011/yr on $109,378 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 8.1% on a $329,950 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,159 over five years. Five-year ROI reaches 112.78% and total cumulative return in cash sums $123,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,226/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
3,200 sqft lot
$N/A/sqft
$108 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85323, Avondale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,622 (100%) |
| Owner Occupied HU | 10,219 (61.5%) |
| Renter Occupied HU | 5,333 (32.1%) |
| Vacant Housing Units | 1,070 ( 6.4%) |
| Median Home Value | $389,484 |
| Average Home Value | $419,023 |
Housing Distribution
Address Breakdown
Residential
15,523
Single Family
7,568
Multi-Family
7,955
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James D Dunning • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6884084
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