1513 E Sheridan StPhoenixAZ85006
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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 1513 E Sheridan St, Phoenix, AZ, 85006 with 5% annual appreciation on a $485,000 basis while $2,264/mo rent supports operations. 41% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 5.6%. Five-year ROI measures 78.33% and total cumulative return in cash totals $125,930. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,264/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
5,698 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85006, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,555 (100%) |
| Owner Occupied HU | 4,012 (38.0%) |
| Renter Occupied HU | 5,355 (50.7%) |
| Vacant Housing Units | 1,188 (11.3%) |
| Median Home Value | $475,805 |
| Average Home Value | $561,558 |
Housing Distribution
Address Breakdown
Residential
9,599
Single Family
7,111
Multi-Family
2,488
Businesses
788
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Listed by: Jodi Sakalas • Desert Dimensions Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6872248
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