1704 E Solano DrPhoenixAZ85016
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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 1704 E Solano Dr, Phoenix, AZ, 85016 listed at $824,000 pairs $4,080/mo rent with a $4,033/mo payment. Total monthly income runs $4,080/mo. Return on cash invested measures 16.56% in year one, and rental yield registers 5.94% at a $824,000 basis. Equity gained on principal adds $5,317/yr, and annual property appreciation at 5% supports $227,656 by year five. Five-year ROI tracks 84.5% and total cumulative return in cash totals $229,063. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,080/mo property income relative to a $4,033/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
8,764 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85016, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,297 (100%) |
| Owner Occupied HU | 9,257 (43.5%) |
| Renter Occupied HU | 9,498 (44.6%) |
| Vacant Housing Units | 2,542 (11.9%) |
| Median Home Value | $625,388 |
| Average Home Value | $702,882 |
Housing Distribution
Address Breakdown
Residential
20,383
Single Family
8,164
Multi-Family
12,219
Businesses
2,170
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