1602 W Beck LnPhoenixAZ85023
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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
Rental property for sale in Phoenix at 1602 W Beck Ln, Phoenix, AZ, 85023 priced at $240,000 pairs $2,032/mo rent with $613/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,032/mo, and annual cash flow comes to $7,356/yr on $79,560 invested. Return on cash invested is 29.15% in year one, and rental yield stands at 10.16% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 152.05% and total cumulative return in cash reaches $120,974. For financing, Ziffy Mortgage’s DSCR program evaluates $2,032/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1978
6,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85023, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,096 (100%) |
| Owner Occupied HU | 8,409 (52.2%) |
| Renter Occupied HU | 6,697 (41.6%) |
| Vacant Housing Units | 990 ( 6.2%) |
| Median Home Value | $422,242 |
| Average Home Value | $516,282 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
8,414
Multi-Family
6,242
Businesses
446
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