1529 E Monroe StPhoenixAZ85034
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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 1529 E Monroe St, Phoenix, AZ, 85034 uses $129,252 cash to close to unlock $19,147/yr annual cash flow and $1,596/mo monthly cash flow. Total monthly income runs $3,900/mo, and a $1,908/mo payment keeps the spread at $1,596/mo. Purchase price stands at $389,900, and rental yield measures 12% with $3,900/mo rent. Return on cash invested shows 34.72% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 181.92% and total cumulative return in cash records $235,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85034, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 634 (12.3%) |
| Renter Occupied HU | 3,808 (74.0%) |
| Vacant Housing Units | 706 (13.7%) |
| Median Home Value | $326,378 |
| Average Home Value | $370,646 |
Housing Distribution
Address Breakdown
Residential
2,947
Single Family
862
Multi-Family
2,085
Businesses
1,638
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