16233 N 32nd AvePhoenixAZ85053
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
Rental property for sale in Phoenix at 16233 N 32nd Ave, Phoenix, AZ, 85053 generates $4,998/mo in rent and, after a $3,792/mo payment, leaves $409/mo in cash flow. Total monthly income is $4,998/mo, and annual cash flow is $4,911/yr on $254,909 invested. Return on cash invested sits at 21.99% in year one, and rental yield is 7.74% on a $774,800 entry. Equity gained on principal adds $5,000/yr, while 5% annual appreciation builds toward $214,063 over five years. Five-year ROI reaches 113.6% and total cumulative return in cash sums $289,588. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,998/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,833 sqft lot
$N/A/sqft
$9 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85053, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,803 (100%) |
| Owner Occupied HU | 7,267 (61.6%) |
| Renter Occupied HU | 4,140 (35.1%) |
| Vacant Housing Units | 396 ( 3.4%) |
| Median Home Value | $393,135 |
| Average Home Value | $427,438 |
Housing Distribution
Address Breakdown
Residential
11,607
Single Family
8,085
Multi-Family
3,522
Businesses
501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices