1002 W McNeil StPhoenixAZ85041
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1002 W McNeil St, Phoenix, AZ, 85041 in Phoenix speaks for itself: 11.31% gross on a $185,000 price, generating $1,744/mo in rent and $650/mo in net income after the $832/mo debt service. DSCR 2.10, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,800 stacks alongside $51,112 in projected five-year appreciation and $1,704/yr in principal reduction. Projected total cumulative return: $111,773.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $650 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,744 |
| Total Monthly Debt Service | $1,020 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
9,117 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1979
9,117 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices