10602 N 35th StPhoenixAZ85028
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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 10602 N 35th St, Phoenix, AZ, 85028 offers a 8.61% rental yield on a $627,000 purchase with $4,500/mo rent. Total monthly income registers $4,500/mo, and a $3,069/mo payment leaves $794/mo available for distribution. Annual cash flow reaches $9,523/yr on $206,283 to close, and return on cash invested stands at 24.68% in year one. Equity gained on principal adds $4,046/yr while 5% annual appreciation supports $173,229 over five years. Portfolio math shows five-year ROI at 128.02% and total cumulative return in cash at $264,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,500/mo property income against a $3,069/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
10,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85028, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,045 (100%) |
| Owner Occupied HU | 7,080 (70.5%) |
| Renter Occupied HU | 2,073 (20.6%) |
| Vacant Housing Units | 892 ( 8.9%) |
| Median Home Value | $602,703 |
| Average Home Value | $682,207 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,468
Multi-Family
1,306
Businesses
590
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Listed by: Holly Warnol • RE/MAX Fine Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6832345
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