15550 S 5th Ave UNIT 108PhoenixAZ85045
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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 15550 S 5th Ave UNIT 108, Phoenix, AZ, 85045 offers a 6.54% rental yield on a $483,500 purchase with $2,634/mo rent. 25% in year one. Equity gained on principal adds $3,120/yr while 5% annual appreciation supports $133,582 over five years. Portfolio math shows five-year ROI at 78.57% and total cumulative return in cash at $125,939. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $2,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2009
2,977 sqft lot
$N/A/sqft
$388 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85045, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,053 (100%) |
| Owner Occupied HU | 2,661 (87.2%) |
| Renter Occupied HU | 236 ( 7.7%) |
| Vacant Housing Units | 156 ( 5.1%) |
| Median Home Value | $644,566 |
| Average Home Value | $696,444 |
Housing Distribution
Address Breakdown
Residential
2,944
Single Family
1,886
Multi-Family
1,058
Businesses
2
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Listed by: Mike Mendoza • Keller Williams Realty Sonoran Living
Mls Name: ARMLS
Mls Provider:
Mls ID: #6783519
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