10440 W Devonshire 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 10440 W Devonshire Ave, Phoenix, AZ, 85037 offers a 7.42% rental yield on a $323,000 purchase with $1,996/mo rent. Total monthly income registers $1,996/mo, and a $1,581/mo payment leaves $87/mo available for distribution. Annual cash flow reaches $1,039/yr on $107,075 to close, and return on cash invested stands at 20.88% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,239 over five years. Portfolio math shows five-year ROI at 107.69% and total cumulative return in cash at $115,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,996/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
4,996 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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Listed by: Darryl Collins • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6835623
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