1219 E Colter St UNIT 10PhoenixAZ85014
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
Investment property for sale in Phoenix at 1219 E Colter St UNIT 10, Phoenix, AZ, 85014 listed at $272,000 pairs $1,950/mo rent with a $1,331/mo payment to leave $342/mo cash flow. Total monthly income runs $1,950/mo, and annual cash flow reaches $4,110/yr on $90,168 cash to close. Return on cash invested measures 24.47% in year one, and rental yield registers 8.6% at a $272,000 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,149 by year five. Five-year ROI tracks 126.94% and total cumulative return in cash totals $114,461. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,950/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1960
827 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85014, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,930 (100%) |
| Owner Occupied HU | 5,561 (34.9%) |
| Renter Occupied HU | 8,676 (54.5%) |
| Vacant Housing Units | 1,693 (10.6%) |
| Median Home Value | $548,222 |
| Average Home Value | $621,028 |
Housing Distribution
Address Breakdown
Residential
14,372
Single Family
6,636
Multi-Family
7,736
Businesses
1,116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices