Listing Details:
Listing ID: 7060894
Updated: 7/31/2026 11:13am
| Status | Active/For Sale |
| Days On Market | 80 |
| Taxes | $2,589.90 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 2 |
| Year Built | 1986 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Gerchick Real Estate |
Description:
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate**
Property Location:
Listed By: Gerchick Real Estate | Linda S Gerchick 602-688-9279
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
