1612 W Lacewood PlPhoenixAZ85045
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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 1612 W Lacewood Pl, Phoenix, AZ, 85045 offers a 7.21% rental yield on a $500,000 purchase with $3,004/mo rent. 76% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 101.87% and total cumulative return in cash at $168,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,004/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2,635 sqft lot
$N/A/sqft
$413 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85045, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,053 (100%) |
| Owner Occupied HU | 2,661 (87.2%) |
| Renter Occupied HU | 236 ( 7.7%) |
| Vacant Housing Units | 156 ( 5.1%) |
| Median Home Value | $644,566 |
| Average Home Value | $696,444 |
Housing Distribution
Address Breakdown
Residential
2,944
Single Family
1,886
Multi-Family
1,058
Businesses
2
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