16013 S Desert Foothills Pkwy APT 2055PhoenixAZ85048
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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 2055, Phoenix, AZ, 85048 offers a 7.07% rental yield on a $280,000 purchase with $1,649/mo rent. 02% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 88.01% and total cumulative return in cash at $81,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1997
674 sqft lot
$N/A/sqft
$218 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: India Ryer • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6846311
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