1652 W Estes WayPhoenixAZ85041
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1652 W Estes Way, Phoenix, AZ, 85041 in Phoenix is priced for appreciation, not yield. Rental yield 5.83%. At $419,000 with a 5.83% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $115,762 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.17) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $134,889.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(586) | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,209 |
| Total Monthly Debt Service | $2,415 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
5,644 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
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
Single Family
Built in 2022
5,644 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
