1618 N 32nd St APT 6PhoenixAZ85008
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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 1618 N 32nd St APT 6, Phoenix, AZ, 85008 earns $121/mo cash flow from $1,794/mo rent with a $1,385/mo payment. Total monthly income totals $1,794/mo, and annual cash flow totals $1,455/yr on $93,815 capital. ROI tracks 21.46% on current figures, and rental yield reads 7.61% at a $283,000 purchase. Equity gained on principal adds $1,826/yr, and 5% annual appreciation supports $78,188 over five years. Five-year ROI reaches 110.84% and total cumulative return in cash sums $103,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,794/mo property income instead of your personal income.
Townhouse
Built in 1983
509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85008, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 7,679 (31.2%) |
| Renter Occupied HU | 15,306 (62.3%) |
| Vacant Housing Units | 1,591 ( 6.5%) |
| Median Home Value | $414,264 |
| Average Home Value | $456,940 |
Housing Distribution
Address Breakdown
Residential
23,381
Single Family
9,478
Multi-Family
13,903
Businesses
1,322
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