1014 N 28th StPhoenixAZ85008
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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 N 28th St, Phoenix, AZ, 85008 uses $132,600 cash to close to unlock $484/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $2,405/mo, and a $1,958/mo payment keeps the spread at $40/mo. Purchase price stands at $400,000, and rental yield measures 7.22% with $2,405/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 104.45% and total cumulative return in cash records $138,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,405/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Multi Family
Built in 1963
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85008, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 7,679 (31.2%) |
| Renter Occupied HU | 15,306 (62.3%) |
| Vacant Housing Units | 1,591 ( 6.5%) |
| Median Home Value | $414,264 |
| Average Home Value | $456,940 |
Housing Distribution
Address Breakdown
Residential
23,381
Single Family
9,478
Multi-Family
13,903
Businesses
1,322
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