1518 W Sherman StPhoenixAZ85007
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1518 W Sherman St, Phoenix, AZ, 85007 at $283,000 posts ROI 26.23% with $494/mo cash flow from $2,167/mo rent. Total monthly income equals $2,167/mo, and annual cash flow records $5,931/yr on $93,815 to close. Return on cash invested measures 26.23% and rental yield reads 9.19% at the current $283,000. Equity gained on principal adds $1,826/yr, and 5% annual appreciation supports $78,188 by year five. Five-year ROI prints 136.42% and total cumulative return in cash totals $127,983.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,167/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
7,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
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Listed by: Tara Jones • Opendoor Brokerage, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6736117
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