1309 S 1st AvePhoenixAZ85003
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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
Rental property for sale in Phoenix at 1309 S 1st Ave, Phoenix, AZ, 85003 generates $3,234/mo in rent and, after a $2,139/mo payment, leaves $651/mo in cash flow. Total monthly income is $3,234/mo, and annual cash flow is $7,809/yr on $144,866 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 8.88% on a $437,000 entry. Equity gained on principal adds $2,820/yr, while 5% annual appreciation builds toward $120,735 over five years. Five-year ROI reaches 131.38% and total cumulative return in cash sums $190,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,234/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
7,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85003, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,752 (100%) |
| Owner Occupied HU | 1,676 (19.1%) |
| Renter Occupied HU | 5,543 (63.3%) |
| Vacant Housing Units | 1,533 (17.5%) |
| Median Home Value | $653,116 |
| Average Home Value | $672,072 |
Housing Distribution
Address Breakdown
Residential
6,499
Single Family
2,186
Multi-Family
4,313
Businesses
693
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