1014 E Romley AvePhoenixAZ85040
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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 1014 E Romley Ave, Phoenix, AZ, 85040 earns $491/mo cash flow from $1,614/mo rent with a $930/mo payment. Total monthly income totals $1,614/mo, and annual cash flow totals $5,890/yr on $62,985 capital. ROI tracks 29.26% on current figures, and rental yield reads 10.19% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 152.61% and total cumulative return in cash sums $96,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,614/mo property income instead of your personal income.
Single Family
Built in 1983
3,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85040, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,360 (100%) |
| Owner Occupied HU | 5,938 (48.0%) |
| Renter Occupied HU | 5,603 (45.3%) |
| Vacant Housing Units | 819 ( 6.6%) |
| Median Home Value | $346,113 |
| Average Home Value | $421,162 |
Housing Distribution
Address Breakdown
Residential
11,274
Single Family
7,244
Multi-Family
4,030
Businesses
2,103
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