1337 E Ludlow DrPhoenixAZ85022
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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 1337 E Ludlow Dr, Phoenix, AZ, 85022 priced at $797,500 converts $3,080/mo rent into after a $3,903/mo obligation. Total monthly income equals $3,080/mo. Return on cash invested prints 12.02% in year one, and rental yield reads 4.63% against a $797,500 entry. Equity gained on principal adds $5,146/yr, while 5% annual appreciation compiles into $220,335 by year five. Five-year ROI reaches 60.33% and total cumulative return in cash sums $158,295. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,080/mo property income covering a $3,903/mo payment, not borrower’s personal income.
Single Family
Built in 1994
9,326 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
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Listed by: Julie Sutherland Allen • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6786194
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