10869 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 10869 W Devonshire Ave, Phoenix, AZ, 85037 listed at $371,000 pairs $2,541/mo rent with a $1,816/mo payment to leave $313/mo cash flow. Total monthly income runs $2,541/mo, and annual cash flow reaches $3,758/yr on $122,987 cash to close. Return on cash invested measures 22.96% in year one, and rental yield registers 8.22% at a $371,000 basis. Equity gained on principal adds $2,394/yr, and annual property appreciation at 5% supports $102,500 by year five. Five-year ROI tracks 119.01% and total cumulative return in cash totals $146,371. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,541/mo property income relative to a $1,816/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
5,445 sqft lot
$N/A/sqft
$104 quarterly 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: Justin M Baker • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6758999
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