10610 S 48th St UNIT 2089PhoenixAZ85044
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
Investment Highlights
Investment property for sale in Phoenix at 10610 S 48th St UNIT 2089, Phoenix, AZ, 85044 offers a 8.33% rental yield on a $234,900 purchase with $1,631/mo rent. 2% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 100.35% and total cumulative return in cash at $78,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,631/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1984
689 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey M Kraemer • LKY Advisors, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6810124
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