8682 W Santa Cruz Blvd, Arizona City, AZ, 85123
Property Details
3
2
Single Family Residence
Description
Property Details: • Type: Single Family Residence • Bedrooms: 3 • Bathrooms: 2 • Square Footage: 1,557 sq ft
Description: Property Type: SFR Beds/Baths: 3 Bed / 2 Bath Sqft: 1,557 Lot: 6,450 Year Built: 2005 Occupancy: Partially Tenanted (One room rented at $700/mo with private kitchenette & bath tenant leaving after COE; full vacant possession possible)
ARV: $295,000-$305,000 (Base; up to $480,000 with pool add
Est. Rent: $2,000-$6,000/mo (Long-term $2,000-$2,500 or Short-term/Airbnb $4,000-$6,000 peak season 100 yards from golf course drives STR demand) Price/Sqft (ARV): $190-$308/sqft Rehab Estimate: $0-$5,000 (Fully remodeled from ground up move-in ready)
Rehab Scope (Rental-Grade Finish) Already fully remodeled ground-up: New roof, new AC & duct work, new electrical, 18" blown cellulose insulation, granite counters throughout kitchen (photos show modern granite slab counters with wood cabinetry and stainless appliances less than 3 years old) Bathrooms feature tiled showers with modern fixtures and white vanities (photos confirm clean tile work and updated vanities) Interior shows fresh neutral paint, laminate wood flooring, and open layout Only minor deep clean + staging needed
*Pool Add-On (for $480K ARV): Inground 15x30 ft with paver deck $20-30K
DSCR Loan Analysis (Estimate for Rental Hold) Gross Income: $2,300/mo LT or $5,000/mo STR avg ($27,600-$60,000/yr) Annual Gross: $27,600-$60,000 Estimated Expenses (30%): $8,280-$18,000/yr (avg electric bill only $300/mo) NOI: $19,320-$42,000/yr Estimated DSCR: 1.652.80 (20% down ~$40K on $205K all-in, 7.5% int.)
Extremely lender-friendly qualifies even at highest STR rates Flip Breakdown (3-6 Mo Turnaround) ARV: $295K-$480K Gross Profit: $95K-$245K (net $70K-$190K after fees/holding) ROI: 35-100%+ gross Rental Hold Breakdown (Cap Rate & CoC ROI) NOI: $19K-$42K/yr Cap Rate: 9.518% Cash-on-Cash ROI: 22-45% (20% down, $2,300-$5,000 rents)
Ideal Profit Path Optional pool ($25k) for $480k ARV List for flip OR house-hack: Rent 2 bedrooms ensuite @ $700 each + main area $1,100 = $2,500/mo passive while you live free Why This Deal Works for Investors 100 yards from 18-hole golf course with driving range & bar massive STR draw Fully remodeled ground-up (new roof, AC, electrical, 18" insulation, granite counters) zero capex No HOA, no restrictions total flexibility House on left sold $350k (same sqft) 9 months ago instant comp proof House-hacking potential: Rent 2 bedrooms + main area for $2,500/mo while living free All-in under $235k with $480k upside or $6k/mo STR insane spread
Looking for More Off-Market Inventory? We offer: Single-Family Rentals Turnkey Cash Flow Properties Light-to-Heavy Rehab Projects Creative Financing & Seller Carry Deals Browse full inventory at: www.reioffer.net 317-610-9834
Features: 317-610-9834
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Location
Address
8682 W Santa Cruz Blvd, Arizona City, AZ, 85123
City
Arizona City
Features and Finishes
317-610-9834
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