1642 E Monte Vista Rd UNIT 10PhoenixAZ85006
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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 1642 E Monte Vista Rd UNIT 10, Phoenix, AZ, 85006 offers a 7.28% rental yield on a $469,000 purchase with $2,845/mo rent. Total monthly income registers $2,845/mo, and a $2,296/mo payment leaves $72/mo available for distribution. Annual cash flow reaches $866/yr on $155,474 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 105.49% and total cumulative return in cash at $164,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,845/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85006, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,555 (100%) |
| Owner Occupied HU | 4,012 (38.0%) |
| Renter Occupied HU | 5,355 (50.7%) |
| Vacant Housing Units | 1,188 (11.3%) |
| Median Home Value | $475,805 |
| Average Home Value | $561,558 |
Housing Distribution
Address Breakdown
Residential
9,599
Single Family
7,111
Multi-Family
2,488
Businesses
788
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