1106 E Potter DrPhoenixAZ85024
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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 1106 E Potter Dr, Phoenix, AZ, 85024 offers a 7.48% rental yield on a $522,000 purchase with $3,253/mo rent. Total monthly income registers $3,253/mo, and a $2,555/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,456/yr on $171,738 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $3,368/yr while 5% annual appreciation supports $144,219 over five years. Portfolio math shows five-year ROI at 107.94% and total cumulative return in cash at $185,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,253/mo property income against a $2,555/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
6,487 sqft lot
$N/A/sqft
$46 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85024, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 7,514 (68.5%) |
| Renter Occupied HU | 2,968 (27.0%) |
| Vacant Housing Units | 493 ( 4.5%) |
| Median Home Value | $461,710 |
| Average Home Value | $480,628 |
Housing Distribution
Address Breakdown
Residential
11,616
Single Family
6,964
Multi-Family
4,652
Businesses
466
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