10410 N Cave Creek Rd UNIT 1100PhoenixAZ85020
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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 10410 N Cave Creek Rd UNIT 1100, Phoenix, AZ, 85020 uses $90,334 cash to close to unlock $2,628/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $2,179/mo, and a $1,334/mo payment keeps the spread at $219/mo. Purchase price stands at $272,500, and rental yield measures 9.6% with $2,179/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $75,287 over five years. Five-year ROI reaches 119.74% and total cumulative return in cash records $108,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,334/mo payment rather than investor’s personal income.
Apartment
Built in 1998
1,150 sqft lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85020, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,813 (100%) |
| Owner Occupied HU | 9,883 (55.5%) |
| Renter Occupied HU | 6,502 (36.5%) |
| Vacant Housing Units | 1,428 ( 8.0%) |
| Median Home Value | $543,651 |
| Average Home Value | $606,079 |
Housing Distribution
Address Breakdown
Residential
17,288
Single Family
10,808
Multi-Family
6,480
Businesses
1,169
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Listed by: Michael Ciavarella • REMAX Prime
Mls Name: ARMLS
Mls Provider:
Mls ID: #6851161
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