10063 W Minnezona AvePhoenixAZ85037
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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 10063 W Minnezona Ave, Phoenix, AZ, 85037 uses $127,594 cash to close to unlock $1,424/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,884/mo payment keeps the spread at $119/mo. Purchase price stands at $384,900, and rental yield measures 7.46% with $2,394/mo rent. Return on cash invested shows 21.03% in year one, and 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 108.47% and total cumulative return in cash records $138,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1981
7,353 sqft lot
$N/A/sqft
No 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
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