11222 N 17th AvePhoenixAZ85029
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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
Rental property for sale in Phoenix at 11222 N 17th Ave, Phoenix, AZ, 85029 generates $1,671/mo in rent and, after a $1,224/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,671/mo, and annual cash flow is $2,314/yr on $82,875 invested. Return on cash invested sits at 22.7% in year one, and rental yield is 8.02% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash sums $97,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,671/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85029, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 9,528 (50.8%) |
| Renter Occupied HU | 8,353 (44.6%) |
| Vacant Housing Units | 860 ( 4.6%) |
| Median Home Value | $373,049 |
| Average Home Value | $453,420 |
Housing Distribution
Address Breakdown
Residential
17,784
Single Family
11,414
Multi-Family
6,370
Businesses
1,029
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Listed by: Long Nguyen • DeLex Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6763860
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