1631 E Gardenia AvePhoenixAZ85020
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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
Rental property for sale in Phoenix at 1631 E Gardenia Ave, Phoenix, AZ, 85020 priced at $460,005 converts $2,524/mo rent into after a $2,252/mo obligation. Total monthly income equals $2,524/mo. Return on cash invested prints 15.62% in year one, and rental yield reads 6.58% against a $460,005 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,091 by year five. Five-year ROI reaches 80.5% and total cumulative return in cash sums $122,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,524/mo property income covering a $2,252/mo payment, not borrower’s personal income.
Townhouse
Built in 1975
4,095 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85020, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,813 (100%) |
| Owner Occupied HU | 9,883 (55.5%) |
| Renter Occupied HU | 6,502 (36.5%) |
| Vacant Housing Units | 1,428 ( 8.0%) |
| Median Home Value | $543,651 |
| Average Home Value | $606,079 |
Housing Distribution
Address Breakdown
Residential
17,288
Single Family
10,808
Multi-Family
6,480
Businesses
1,169
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