9627 W North Ln APT BPeoriaAZ85345
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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 Peoria at 9627 W North Ln APT B, Peoria, AZ, 85345 uses $66,300 cash to close to unlock $5,600/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,649/mo, and a $979/mo payment keeps the spread at $467/mo. Purchase price stands at $200,000, and rental yield measures 9.89% with $1,649/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 147.78% and total cumulative return in cash records $97,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 1973
126 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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