1130 N 2nd St APT 411PhoenixAZ85004
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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 1130 N 2nd St APT 411, Phoenix, AZ, 85004 earns from $2,327/mo rent with a $1,664/mo payment. Total monthly income totals $2,327/mo. ROI tracks 19.88% on current figures, and rental yield reads 8.21% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 103.58% and total cumulative return in cash sums $116,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,327/mo property income instead of your personal income.
Apartment
Built in 2017
745 sqft lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85004, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,205 (100%) |
| Owner Occupied HU | 1,131 (13.8%) |
| Renter Occupied HU | 5,518 (67.3%) |
| Vacant Housing Units | 1,556 (19.0%) |
| Median Home Value | $593,600 |
| Average Home Value | $660,424 |
Housing Distribution
Address Breakdown
Residential
7,928
Single Family
740
Multi-Family
7,188
Businesses
1,192
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