16215 N 35th PlPhoenixAZ85032
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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 16215 N 35th Pl, Phoenix, AZ, 85032 offers a 10.64% rental yield on a $268,900 purchase with $2,384/mo rent. Total monthly income registers $2,384/mo, and a $1,316/mo payment leaves $707/mo available for distribution. Annual cash flow reaches $8,479/yr on $89,140 to close, and return on cash invested stands at 29.42% in year one. Equity gained on principal adds $1,735/yr while 5% annual appreciation supports $74,292 over five years. Portfolio math shows five-year ROI at 153.93% and total cumulative return in cash at $137,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,384/mo property income against a $1,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
6,350 sqft lot
$N/A/sqft
$88 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85032, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,670 (100%) |
| Owner Occupied HU | 16,608 (57.9%) |
| Renter Occupied HU | 10,272 (35.8%) |
| Vacant Housing Units | 1,790 ( 6.2%) |
| Median Home Value | $480,797 |
| Average Home Value | $535,828 |
Housing Distribution
Address Breakdown
Residential
29,279
Single Family
18,686
Multi-Family
10,593
Businesses
1,618
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Listed by: Brandon J Hawes • Realty85
Mls Name: ARMLS
Mls Provider:
Mls ID: #6835310
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