1537 E Hartford AvePhoenixAZ85022
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
Rental property for sale in Phoenix at 1537 E Hartford Ave, Phoenix, AZ, 85022 priced at $178,500 converts $1,594/mo rent into $494/mo cash flow after a $874/mo obligation. Total monthly income equals $1,594/mo, and annual cash flow totals $5,922/yr on $59,173 invested. Return on cash invested prints 29.92% in year one, and rental yield reads 10.72% against a $178,500 entry. Equity gained on principal adds $1,152/yr, while 5% annual appreciation compiles into $49,316 by year five. Five-year ROI reaches 156.52% and total cumulative return in cash sums $92,618. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,594/mo property income covering a $874/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
7,114 sqft lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Lopez • Balboa Realty, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6856769
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