16013 S Desert Foothills Pkwy APT 1007PhoenixAZ85048
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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 16013 S Desert Foothills Pkwy APT 1007, Phoenix, AZ, 85048 uses $91,163 cash to close to unlock $281/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $1,649/mo, and a $1,346/mo payment keeps the spread at $23/mo. Purchase price stands at $275,000, and rental yield measures 7.2% with $1,649/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 104.15% and total cumulative return in cash records $94,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Apartment
Built in 1997
674 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85048, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,216 (100%) |
| Owner Occupied HU | 10,192 (71.7%) |
| Renter Occupied HU | 3,357 (23.6%) |
| Vacant Housing Units | 667 ( 4.7%) |
| Median Home Value | $589,626 |
| Average Home Value | $656,793 |
Housing Distribution
Address Breakdown
Residential
13,945
Single Family
10,306
Multi-Family
3,639
Businesses
468
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