10030 W Indian School Rd APT 257PhoenixAZ85037
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 10030 W Indian School Rd APT 257, Phoenix, AZ, 85037 in Phoenix. At $254,000 it earns $2,004/mo in rent and distributes $218/mo to the owner after the $1,142/mo payment, a consistent 9.47% yield. DSCR 1.75 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $70,176 in value; $2,339/yr in principal paydown compounds ownership stake. Total projected return: $111,271.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $218 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,004 |
| Total Monthly Debt Service | $1,685 |
| DSCR Ratio | 1.19x |
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.
Apartment
Built in 1999
1,113 sqft lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
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
Apartment
Built in 1999
1,113 sqft lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Jones • Opendoor Brokerage, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6726123
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010