1646 S 28th DrPhoenixAZ85009
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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 1646 S 28th Dr, Phoenix, AZ, 85009 uses $99,119 cash to close to unlock $552/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,813/mo, and a $1,463/mo payment keeps the spread at $46/mo. Purchase price stands at $299,000, and rental yield measures 7.28% with $1,813/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 105.5% and total cumulative return in cash records $104,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,813/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1985
6,925 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85009, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 7,133 (51.2%) |
| Renter Occupied HU | 6,020 (43.2%) |
| Vacant Housing Units | 784 ( 5.6%) |
| Median Home Value | $228,786 |
| Average Home Value | $306,232 |
Housing Distribution
Address Breakdown
Residential
13,005
Single Family
10,729
Multi-Family
2,276
Businesses
2,136
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