16013 S Desert Foothills Pkwy APT 1150PhoenixAZ85048
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
Investment property for sale in Phoenix at 16013 S Desert Foothills Pkwy APT 1150, Phoenix, AZ, 85048 listed at $260,000 pairs $1,649/mo rent with a $1,273/mo payment. Total monthly income runs $1,649/mo. Return on cash invested measures 18.09% in year one, and rental yield registers 7.61% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 93.97% and total cumulative return in cash totals $80,993. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,649/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1997
754 sqft lot
$N/A/sqft
$242 monthly 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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Listed by: Breena Westfall • The Brokery
Mls Name: ARMLS
Mls Provider:
Mls ID: #6772287
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