16213 N 1st AvePhoenixAZ85023
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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 16213 N 1st Ave, Phoenix, AZ, 85023 earns from $3,803/mo rent with a $4,462/mo payment. Total monthly income totals $3,803/mo. ROI tracks 13.72% on current figures, and rental yield reads 5.01% at a $911,700 purchase. Equity gained on principal adds $5,883/yr, and 5% annual appreciation supports $251,886 over five years. Five-year ROI reaches 69.24% and total cumulative return in cash sums $207,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,803/mo property income instead of your personal income.
Single Family
Built in 1986
0.29 Acres 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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