1430 E Romley AvePhoenixAZ85040
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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 1430 E Romley Ave, Phoenix, AZ, 85040 earns from $2,040/mo rent with a $1,652/mo payment. Total monthly income totals $2,040/mo. ROI tracks 18.89% on current figures, and rental yield reads 7.25% at a $337,500 purchase. Equity gained on principal adds $2,178/yr, and 5% annual appreciation supports $93,245 over five years. Five-year ROI reaches 97.54% and total cumulative return in cash sums $109,129. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 2004
2,510 sqft lot
$N/A/sqft
$140 monthly 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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Listed by: Vicente Soto • 4 U Realty Plus
Mls Name: ARMLS
Mls Provider:
Mls ID: #6754925
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