1340 N 38th DrPhoenixAZ85009
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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 1340 N 38th Dr, Phoenix, AZ, 85009 listed at $365,000 pairs $2,290/mo rent with a $1,786/mo payment to leave $133/mo cash flow. Total monthly income runs $2,290/mo, and annual cash flow reaches $1,595/yr on $120,998 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 7.53% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 109.54% and total cumulative return in cash totals $132,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,290/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5,994 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85009, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 7,133 (51.2%) |
| Renter Occupied HU | 6,020 (43.2%) |
| Vacant Housing Units | 784 ( 5.6%) |
| Median Home Value | $228,786 |
| Average Home Value | $306,232 |
Housing Distribution
Address Breakdown
Residential
13,005
Single Family
10,729
Multi-Family
2,276
Businesses
2,136
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