1529 E Monroe StreetPhoenixAZ85034
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 1529 E Monroe Street, Phoenix, AZ, 85034 in Phoenix delivers $2,537/mo in gross rent and $321/mo in net monthly income at a $374,900 entry. The 8.12% yield and 1.50 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $103,578 over five years and $3,453/yr in equity from loan paydown, total projected return is $162,347.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $321 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,537 |
| Total Monthly Debt Service | $2,067 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices