16 W Encanto Blvd UNIT 102PhoenixAZ85003
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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 16 W Encanto Blvd UNIT 102, Phoenix, AZ, 85003 earns $789/mo cash flow from $3,302/mo rent with a $2,071/mo payment. Total monthly income totals $3,302/mo, and annual cash flow totals $9,466/yr on $140,258 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.37% at a $423,100 purchase. Equity gained on principal adds $2,730/yr, and 5% annual appreciation supports $116,895 over five years. Five-year ROI reaches 138.7% and total cumulative return in cash sums $194,540. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,302/mo property income instead of your personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85003, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,752 (100%) |
| Owner Occupied HU | 1,676 (19.1%) |
| Renter Occupied HU | 5,543 (63.3%) |
| Vacant Housing Units | 1,533 (17.5%) |
| Median Home Value | $653,116 |
| Average Home Value | $672,072 |
Housing Distribution
Address Breakdown
Residential
6,499
Single Family
2,186
Multi-Family
4,313
Businesses
693
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