10610 S 48th St UNIT 1025PhoenixAZ85044
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 10610 S 48th St UNIT 1025, Phoenix, AZ, 85044 in Phoenix hard to pass up. The 10.23% gross yield on a $234,900 purchase results in $2,003/mo in rent and $614/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.90). Annual cash flow of $7,371, five-year appreciation of $64,899, and $2,163/yr in equity build-up combine for a projected total cumulative return of $128,387.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $614 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,003 |
| Total Monthly Debt Service | $1,295 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85044, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,410 (100%) |
| Owner Occupied HU | 10,776 (58.5%) |
| Renter Occupied HU | 6,738 (36.6%) |
| Vacant Housing Units | 896 ( 4.9%) |
| Median Home Value | $486,226 |
| Average Home Value | $557,368 |
Housing Distribution
Address Breakdown
Residential
18,063
Single Family
11,984
Multi-Family
6,079
Businesses
721
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85044, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,410 (100%) |
| Owner Occupied HU | 10,776 (58.5%) |
| Renter Occupied HU | 6,738 (36.6%) |
| Vacant Housing Units | 896 ( 4.9%) |
| Median Home Value | $486,226 |
| Average Home Value | $557,368 |
Housing Distribution
Address Breakdown
Residential
18,063
Single Family
11,984
Multi-Family
6,079
Businesses
721
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices