10012 N 16th DrPhoenixAZ85021
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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 Phoenix at 10012 N 16th Dr, Phoenix, AZ, 85021 uses $105,052 cash to close to unlock $2,854/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $2,111/mo, and a $1,551/mo payment keeps the spread at $238/mo. Purchase price stands at $316,900, and rental yield measures 7.99% with $2,111/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $87,554 over five years. Five-year ROI reaches 117.04% and total cumulative return in cash records $122,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,111/mo property income covering a $1,551/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,281 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85021, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,096 (100%) |
| Owner Occupied HU | 7,339 (40.6%) |
| Renter Occupied HU | 9,422 (52.1%) |
| Vacant Housing Units | 1,335 ( 7.4%) |
| Median Home Value | $504,448 |
| Average Home Value | $571,329 |
Housing Distribution
Address Breakdown
Residential
17,469
Single Family
8,573
Multi-Family
8,896
Businesses
1,150
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