10610 S 48th St UNIT 2031PhoenixAZ85044
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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 10610 S 48th St UNIT 2031, Phoenix, AZ, 85044 listed at $213,000 pairs $1,631/mo rent with a $1,043/mo payment to leave $83/mo cash flow. Total monthly income runs $1,631/mo, and annual cash flow reaches $1,001/yr on $70,610 cash to close. Return on cash invested measures 21.33% in year one, and rental yield registers 9.19% at a $213,000 basis. Equity gained on principal adds $1,374/yr, and annual property appreciation at 5% supports $58,848 by year five. Five-year ROI tracks 111.89% and total cumulative return in cash totals $79,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,631/mo property income relative to a $1,043/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1985
638 sqft lot
$N/A/sqft
$288 monthly 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
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Listed by: Scott Bryant • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6911249
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