9667 W Ironwood Dr APT BPeoriaAZ85345
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
Investment property for sale in Peoria at 9667 W Ironwood Dr APT B, Peoria, AZ, 85345 uses $84,499 cash to close to unlock $4,894/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,248/mo payment keeps the spread at $408/mo. Purchase price stands at $254,900, and rental yield measures 9.32% with $1,980/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 133.86% and total cumulative return in cash records $113,112. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Multi Family
Built in 1978
9,688 sqft lot
$N/A/sqft
$65 monthly 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: Alice Bishoff • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6767755
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