1622 N 17th AvePhoenixAZ85007
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1622 N 17th Ave, Phoenix, AZ, 85007 earns from $2,412/mo rent with a $2,153/mo payment. Total monthly income totals $2,412/mo. ROI tracks 18.36% on current figures, and rental yield reads 6.58% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 94.17% and total cumulative return in cash sums $137,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,412/mo property income instead of your personal income.
Single Family
Built in 1941
7,196 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Irvine • Two Brothers Realty & Co
Mls Name: ARMLS
Mls Provider:
Mls ID: #6873048
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