1415 E Chipman RdPhoenixAZ85040
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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 1415 E Chipman Rd, Phoenix, AZ, 85040 listed at $327,000 pairs $2,340/mo rent with a $1,601/mo payment to leave $407/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $4,879/yr on $108,401 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 8.59% at a $327,000 basis. Equity gained on principal adds $2,110/yr, and annual property appreciation at 5% supports $90,344 by year five. Five-year ROI tracks 126.62% and total cumulative return in cash totals $137,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,601/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
2,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85040, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,360 (100%) |
| Owner Occupied HU | 5,938 (48.0%) |
| Renter Occupied HU | 5,603 (45.3%) |
| Vacant Housing Units | 819 ( 6.6%) |
| Median Home Value | $346,113 |
| Average Home Value | $421,162 |
Housing Distribution
Address Breakdown
Residential
11,274
Single Family
7,244
Multi-Family
4,030
Businesses
2,103
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