9845 E Michigan AveSun 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 9845 E Michigan Ave, Sun Lakes, AZ, 85248 uses $107,738 cash to close to unlock $4,051/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,259/mo, and a $1,591/mo payment keeps the spread at $338/mo. Purchase price stands at $325,000, and rental yield measures 8.34% with $2,259/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 122.65% and total cumulative return in cash records $132,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,259/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
2,933 sqft lot
$N/A/sqft
No 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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