Log In/Sign Up
Your email has been sent.
5418 E Yolantha St 2 Unit Apartment Building $1,195,000 ($597,500/Unit) 5.99% Cap Rate Cave Creek, AZ 85331
Investment Highlights
- PRIME CAVE CREEK LOCATION – 0.8 mi YMCA, Sprouts, Walmart | 5 min Cave Creek Strip | ~10 mi Mayo Clinic
- 3 INCOME STREAMS: $30K/yr Casita (thru Nov 2026 - vacate free) + $39K/yr Main (STR or LTR) + $4,800/yr RV
- 1.18 ACRES + BLACK MOUNTAIN VIEWS – Fenced, gated, desert landscaping, spa patio, RV hookup
Executive Summary
**VIDEO TOURS – CLICK TO VIEW**
- Main House (3BR/2.5BA): https://photos.app.goo.gl/zg4AjyB5waK4kqHo9
- Casita (2BR/1BA): https://photos.app.goo.gl/o7qAqMhdaZFL5Rkm9
$1,195,000 – 2,816 SF INCOME TRIPLEX ON 1.18 ACRES – 3 REVENUE STREAMS
5418 E YOLANTHA ST | CAVE CREEK, AZ 85331
Prime income play on ultra-quiet, paved Yolantha St cul-de-sac — same 1.1+ acre lot as $1M pending neighbor (5428 E Yolantha, 5 DOM).
3 INCOME STREAMS = $71.6K NOI (5.99% CAP)
1. Casita Lease: $2,500/mo + utils (thru Nov 2026 – tenant vacates free)
2. Main House FLEX: $3,250/mo LTR ($39K/yr stable) OR $3,250–$6,600/mo STR ($39K–$79K/yr)
3. RV Spot Bonus: $1,200/mo x 4 mos = $4,800/yr (full hookup, Cave Creek permitted residency)
NO POOL? NO PROBLEM – Private spa + 0.8 mi YMCA Olympic pool = $15K/yr saved vs. pool upkeep.
PROPERTY SNAPSHOT
- **Occupancy**: 25% (Casita leased; Main vacant, STR-ready)
- Total SF: 2,816 | Lot: 1.18 acres (No HOA)
- Zoning: DR-43 (ADU/subdivision potential)
MAIN HOUSE (~2,000 SF | 3BR/2.5BA)
- KitchenAid appliances, gas double-oven, quartz counters, bar seating
- Gas fireplace, paver deck, Black Mountain views
- Master w/ glass shower, walk-in closet, W/D hookup
- Upstairs: 2BR + full bath (shower/tub)
- Spa patio off living room
CASITA (~816 SF | 2BR/1BA)
- Full kitchen (SS, gas range, island cart)
- Electric fireplace, HDTV, W/D in-unit
- Private patio + yard
RV HOOKUP (West Side)
- Full water/septic/30amp electric
- $4,800/yr seasonal income (Oct–Apr)
INFRASTRUCTURE
- - **City water (1 meter)**: No well risk — reliable supply
- **Private septic (2020)**: No sewer fees (~$600/yr saved)
- New septic (2020), A/Cs (2023), windows/doors, sub-meter
- Driveway gate (2023)
- Registered STR + LTR permits (no rental restrictions)
LOCATION GOLD
- 0.8 mi YMCA (Olympic pool)
- Less than 1 mi Sprouts, Walmart, ALDI (2026)
- Less than 3 mi Cave Creek Strip, golf resorts
- ~10 mi Mayo Clinic
COMPS
- 5428 E Yolantha: $1M list, pending 5 DOM (1.1 ac, SFH only)
- This offering = same lot size + $71K+ NOI
TERMS
- As-Is | 15-day inspection | 30–45 day close
COMPENSATION
- Buyer's Agent Co-op: 2.5% (full)
- Direct Buyers: 0% procurement fee — close via AZ attorney/title ($1K–$2K)
- Owner is a licensed California real estate broker (DRE #01927330) and is selling property as owner, not as agent. Owner cannot represent buyers. Direct buyers close via Arizona attorney/title company. Buyer to verify all information.
Data Room: Pro forma, lease, permits, staging renders
- Main House (3BR/2.5BA): https://photos.app.goo.gl/zg4AjyB5waK4kqHo9
- Casita (2BR/1BA): https://photos.app.goo.gl/o7qAqMhdaZFL5Rkm9
$1,195,000 – 2,816 SF INCOME TRIPLEX ON 1.18 ACRES – 3 REVENUE STREAMS
5418 E YOLANTHA ST | CAVE CREEK, AZ 85331
Prime income play on ultra-quiet, paved Yolantha St cul-de-sac — same 1.1+ acre lot as $1M pending neighbor (5428 E Yolantha, 5 DOM).
3 INCOME STREAMS = $71.6K NOI (5.99% CAP)
1. Casita Lease: $2,500/mo + utils (thru Nov 2026 – tenant vacates free)
2. Main House FLEX: $3,250/mo LTR ($39K/yr stable) OR $3,250–$6,600/mo STR ($39K–$79K/yr)
3. RV Spot Bonus: $1,200/mo x 4 mos = $4,800/yr (full hookup, Cave Creek permitted residency)
NO POOL? NO PROBLEM – Private spa + 0.8 mi YMCA Olympic pool = $15K/yr saved vs. pool upkeep.
PROPERTY SNAPSHOT
- **Occupancy**: 25% (Casita leased; Main vacant, STR-ready)
- Total SF: 2,816 | Lot: 1.18 acres (No HOA)
- Zoning: DR-43 (ADU/subdivision potential)
MAIN HOUSE (~2,000 SF | 3BR/2.5BA)
- KitchenAid appliances, gas double-oven, quartz counters, bar seating
- Gas fireplace, paver deck, Black Mountain views
- Master w/ glass shower, walk-in closet, W/D hookup
- Upstairs: 2BR + full bath (shower/tub)
- Spa patio off living room
CASITA (~816 SF | 2BR/1BA)
- Full kitchen (SS, gas range, island cart)
- Electric fireplace, HDTV, W/D in-unit
- Private patio + yard
RV HOOKUP (West Side)
- Full water/septic/30amp electric
- $4,800/yr seasonal income (Oct–Apr)
INFRASTRUCTURE
- - **City water (1 meter)**: No well risk — reliable supply
- **Private septic (2020)**: No sewer fees (~$600/yr saved)
- New septic (2020), A/Cs (2023), windows/doors, sub-meter
- Driveway gate (2023)
- Registered STR + LTR permits (no rental restrictions)
LOCATION GOLD
- 0.8 mi YMCA (Olympic pool)
- Less than 1 mi Sprouts, Walmart, ALDI (2026)
- Less than 3 mi Cave Creek Strip, golf resorts
- ~10 mi Mayo Clinic
COMPS
- 5428 E Yolantha: $1M list, pending 5 DOM (1.1 ac, SFH only)
- This offering = same lot size + $71K+ NOI
TERMS
- As-Is | 15-day inspection | 30–45 day close
COMPENSATION
- Buyer's Agent Co-op: 2.5% (full)
- Direct Buyers: 0% procurement fee — close via AZ attorney/title ($1K–$2K)
- Owner is a licensed California real estate broker (DRE #01927330) and is selling property as owner, not as agent. Owner cannot represent buyers. Direct buyers close via Arizona attorney/title company. Buyer to verify all information.
Data Room: Pro forma, lease, permits, staging renders
Data Room Click Here to Access
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,195,000 | Property Subtype | Apartment |
| Price Per Unit | $597,500 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Class | A |
| Cap Rate | 5.99% | Lot Size | 1.18 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,816 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1976/2022 |
| Zoning | DR-43 - DR-43: 43,000 square feet per lot (minimum lot size). | ||
| Price | $1,195,000 |
| Price Per Unit | $597,500 |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | A |
| Lot Size | 1.18 AC |
| Building Size | 2,816 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2022 |
| Zoning | DR-43 - DR-43: 43,000 square feet per lot (minimum lot size). |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Satellite TV
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Wi-Fi
- Yard
- Attic
- Grill
- Breakfast Nook
- Deck
- Den
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Instant Hot Water
- Island Kitchen
- Linen Closet
- Mother-in-law Unit
- Office
- Pantry
- Patio
- Smoke Free
- Window Coverings
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Spa
- Gated
- Furnished Units Available
- Grill
- Guest Apartment
- Wheelchair Accessible
- Gas Range
- Recycling
- Smoke Free
- Trash Pickup - Curbside
- Walking/Biking Trails
- Wi-Fi
- Storage Space
- Sundeck
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | $4,925 | 2,000 |
| 2+1 | 1 | $3,500 | 816 |
1 1
Property Taxes
| Parcel Number | 211-46-030D | Total Assessment | $26,940 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
211-46-030D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$26,940
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Stephanie Jorgl
5418 E Yolantha St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.