1531 W Colter St UNIT 1PhoenixAZ85015
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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 1531 W Colter St UNIT 1, Phoenix, AZ, 85015 uses $74,588 cash to close to unlock $3,723/yr annual cash flow and $310/mo monthly cash flow. Total monthly income runs $1,640/mo, and a $1,101/mo payment keeps the spread at $310/mo. Purchase price stands at $225,000, and rental yield measures 8.75% with $1,640/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 129.28% and total cumulative return in cash records $96,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Townhouse
Built in 1968
50 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85015, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 6,225 (35.2%) |
| Renter Occupied HU | 10,034 (56.8%) |
| Vacant Housing Units | 1,418 ( 8.0%) |
| Median Home Value | $418,594 |
| Average Home Value | $512,861 |
Housing Distribution
Address Breakdown
Residential
16,504
Single Family
8,707
Multi-Family
7,797
Businesses
894
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