1313 E Mercer LnPhoenixAZ85020
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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 1313 E Mercer Ln, Phoenix, AZ, 85020 with 5% annual appreciation on a $361,000 basis while $3,000/mo rent supports operations. Total monthly income totals $3,000/mo and a $1,767/mo payment preserves $866/mo for cash returns. Annual cash flow comes to $10,392/yr on $119,672 deployed, and return on cash invested reaches 28.59% in year one. Equity gained on principal adds $2,329/yr, and five-year appreciation sums $99,738 alongside rental yield of 9.97%. Five-year ROI measures 149.04% and total cumulative return in cash totals $178,355.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $1,767/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
8,087 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85020, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,813 (100%) |
| Owner Occupied HU | 9,883 (55.5%) |
| Renter Occupied HU | 6,502 (36.5%) |
| Vacant Housing Units | 1,428 ( 8.0%) |
| Median Home Value | $543,651 |
| Average Home Value | $606,079 |
Housing Distribution
Address Breakdown
Residential
17,288
Single Family
10,808
Multi-Family
6,480
Businesses
1,169
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Listed by: Adeline Mocca • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6843148
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010