1014 S 2nd StPhoenixAZ85004
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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 S 2nd St, Phoenix, AZ, 85004 offers a 4.08% rental yield on a $545,000 purchase with $1,854/mo rent. 9% in year one. Equity gained on principal adds $3,517/yr while 5% annual appreciation supports $150,573 over five years. Portfolio math shows five-year ROI at 54.16% and total cumulative return in cash at $97,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,854/mo property income against a $2,668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
7,415 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85004, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,205 (100%) |
| Owner Occupied HU | 1,131 (13.8%) |
| Renter Occupied HU | 5,518 (67.3%) |
| Vacant Housing Units | 1,556 (19.0%) |
| Median Home Value | $593,600 |
| Average Home Value | $660,424 |
Housing Distribution
Address Breakdown
Residential
7,928
Single Family
740
Multi-Family
7,188
Businesses
1,192
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Listed by: Ryan Buckley • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6878270
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