1702 W Tuckey Ln UNIT 230PhoenixAZ85015
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
Rental property for sale in Phoenix at 1702 W Tuckey Ln UNIT 230, Phoenix, AZ, 85015 generates $1,775/mo in rent and, after a $979/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,775/mo, and annual cash flow is $2,792/yr on $66,297 invested. Return on cash invested sits at 24.12% in year one, and rental yield is 10.65% on a $199,990 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,254 over five years. Five-year ROI reaches 127.43% and total cumulative return in cash sums $84,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,775/mo property income rather than buyer’s personal income.
Apartment
Built in 1985
864 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85015, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 6,225 (35.2%) |
| Renter Occupied HU | 10,034 (56.8%) |
| Vacant Housing Units | 1,418 ( 8.0%) |
| Median Home Value | $418,594 |
| Average Home Value | $512,861 |
Housing Distribution
Address Breakdown
Residential
16,504
Single Family
8,707
Multi-Family
7,797
Businesses
894
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bonnie Kingcannon • Thrive Realty And Property Management
Mls Name: ARMLS
Mls Provider:
Mls ID: #6745950
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010