17 E Ruth Ave UNIT 305PhoenixAZ85020
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 17 E Ruth Ave UNIT 305, Phoenix, AZ, 85020 listed at $125,000 pairs $988/mo rent with a $612/mo payment to leave $249/mo cash flow. Total monthly income runs $988/mo, and annual cash flow reaches $2,987/yr on $41,438 cash to close. Return on cash invested measures 27.12% in year one, and rental yield registers 9.48% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 141.13% and total cumulative return in cash totals $58,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $988/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1985
697 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices