Courtesy of: Tamra Lee Ulmer, Arizona Resource Realty, tamra.lee.ulmer@resourceaz.com
Courtesy of: Tamra Lee Ulmer, Arizona Resource Realty, tamra.lee.ulmer@resourceaz.com
$1,195,000
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5 bed
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4.00 Bath (3 Full , 1 Half)
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Lot: 1.18 Acres
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Single Family Residence
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$1,195,000
5418 E YOLANTHA Street INCOME DUPLEX ON 1.18 ACRES - CAVE CREEK, 5418 E YOLANTHA ST | CAVE CREEK, AZ 85331, Prime income play on ultra-quiet, paved Yolantha St cul-de-sac - same size lot as $1M pending neighbor (5428 E Yolantha, 5 DOM), 3 INCOME STREAMS = $71.6K NOI (5.99% CAP).Casita Lease: $2, 500/mo + utils (thru Nov 2026 - tenant vacates free), Main House FLEX: $3, 250/mo LTR ($39K/yr stable) OR $3, 250-$6, 600/mo STR ($39K-$79K/yr), RV Spot Bonus: $1, 200/mo x 4 mos = $4, 800/yr (full hookups - Electric, Water & Septic).NO POOL? NO PROBLEM - Private spa + 0.8 mi YMCA Olympic pool = $15K/yr saved vs. pool upkeep.Occupancy: Casita leased FT; Main vacant, STR-ready), No HOA!!! Zoning: DR-43 (ADU upside).MAIN HOUSE (~2, 000 SF | 3BR/2.5BA):KitchenAid Appliances, Gas Range w/ Double-Oven, Quartz Counters, Double Bar Seating , Gas Fireplace, Paver Deck with Viking Spa, Covered Patio, Black Mountain Views, Master w/ Glass Shower, Qalk-in Closet w/ In-Unit Laundry.Upstairs: 2 more BR + full bath (shower/tub).CASITA (~816 SF | 2BR/1BA):Full kitchen (SS, gas range, island cart), Electric fireplace, HDTV, W/D in-unit, Private covered patio + BBQ.RV HOOKUP:Full Hookups! Water/Septic/30amp Electric;$4, 800/yr seasonal income (Oct-Apr).INFRASTRUCTURE:City Water: No well risk reliable supply!New septic (2020): No sewer~$600/yr saved, New A/Cs (2023), New windows/doors, Electric sub-meter, Driveway gate (2023), Privacy Fencing, Registered STR + LTR permits (no rental restrictions!)LOCATION GOLD:0.8 mi YMCA (Olympic pool); 1 mi Sprouts, Walmart, ALDI (2026); 3 mi Cave Creek Strip, Golf Resorts;~10 mi Mayo Clinic.NEARBY COMPS:5428 E Yolantha: $1M list, pending 5 DOM (same lot, SFH only);5408 E Yolantha: $1.1M, sold (Jul 2025);This offering = same lot size + $71K+ NOI!
Courtesy of: Tamra Lee Ulmer, Arizona Resource Realty, tamra.lee.ulmer@resourceaz.com
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