1216 W Rovey AvePhoenixAZ85013
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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 1216 W Rovey Ave, Phoenix, AZ, 85013 listed at $829,000 pairs $2,363/mo rent with a $4,058/mo payment. Total monthly income runs $2,363/mo. Return on cash invested measures 8.89% in year one, and rental yield registers 3.42% at a $829,000 basis. Equity gained on principal adds $5,349/yr, and annual property appreciation at 5% supports $229,037 by year five. Five-year ROI tracks 43.39% and total cumulative return in cash totals $118,336. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $4,058/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85013, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,735 (100%) |
| Owner Occupied HU | 5,205 (35.3%) |
| Renter Occupied HU | 7,994 (54.3%) |
| Vacant Housing Units | 1,536 (10.4%) |
| Median Home Value | $565,526 |
| Average Home Value | $626,920 |
Housing Distribution
Address Breakdown
Residential
11,594
Single Family
5,564
Multi-Family
6,030
Businesses
592
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