11640 N Tatum Blvd Unit 3063PhoenixAZ85028
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
Total monthly income runs $2,194/mo, and a $2,129/mo payment. Purchase price stands at $435,000, and rental yield measures 6.05% with $2,194/mo rent. Return on cash invested shows 16.77% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 85.65% and total cumulative return in cash records $123,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,194/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Condo
Built in 2007
1,158 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