16225 N 29th St LOT 27PhoenixAZ85032
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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 16225 N 29th St LOT 27, Phoenix, AZ, 85032 uses $51,383 cash to close to unlock $2,981/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,165/mo, and a $759/mo payment keeps the spread at $248/mo. Purchase price stands at $155,000, and rental yield measures 9.02% with $1,165/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.66% and total cumulative return in cash records $68,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,165/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No 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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