11640 N Tatum Blvd UNIT 2012PhoenixAZ85028
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 11640 N Tatum Blvd UNIT 2012, Phoenix, AZ, 85028 generates $1,888/mo in rent and, after a $1,517/mo payment, leaves $56/mo in cash flow. Total monthly income is $1,888/mo, and annual cash flow is $670/yr on $102,765 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 7.31% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 105.97% and total cumulative return in cash sums $108,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,888/mo property income rather than buyer’s personal income.
Condo
Built in 2008
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85028, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,045 (100%) |
| Owner Occupied HU | 7,080 (70.5%) |
| Renter Occupied HU | 2,073 (20.6%) |
| Vacant Housing Units | 892 ( 8.9%) |
| Median Home Value | $602,703 |
| Average Home Value | $682,207 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,468
Multi-Family
1,306
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices