1133 W Las Palmaritas DrPhoenixAZ85021
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
Rental property for sale in Phoenix at 1133 W Las Palmaritas Dr, Phoenix, AZ, 85021 offers $4,013/mo rent that, after a $5,849/mo payment. Total monthly income is $4,013/mo. Return on cash invested measures 10.75% in year one, and rental yield stands at 4.03% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 53.34% and total cumulative return in cash reaches $206,510. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,013/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85021, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,096 (100%) |
| Owner Occupied HU | 7,339 (40.6%) |
| Renter Occupied HU | 9,422 (52.1%) |
| Vacant Housing Units | 1,335 ( 7.4%) |
| Median Home Value | $504,448 |
| Average Home Value | $571,329 |
Housing Distribution
Address Breakdown
Residential
17,469
Single Family
8,573
Multi-Family
8,896
Businesses
1,150
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Listed by: Ardra M Hansen • The Brokery
Mls Name: ARMLS
Mls Provider:
Mls ID: #6845385
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