16805 S 29th PlPhoenixAZ85048
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
Investment property for sale in Phoenix at 16805 S 29th Pl, Phoenix, AZ, 85048 offers a 8.38% rental yield on a $450,000 purchase with $3,144/mo rent. Total monthly income registers $3,144/mo, and a $2,203/mo payment leaves $449/mo available for distribution. Annual cash flow reaches $5,382/yr on $149,175 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 121.94% and total cumulative return in cash at $181,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,144/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
5,001 sqft lot
$N/A/sqft
$210 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85048, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,216 (100%) |
| Owner Occupied HU | 10,192 (71.7%) |
| Renter Occupied HU | 3,357 (23.6%) |
| Vacant Housing Units | 667 ( 4.7%) |
| Median Home Value | $589,626 |
| Average Home Value | $656,793 |
Housing Distribution
Address Breakdown
Residential
13,945
Single Family
10,306
Multi-Family
3,639
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
