1718 W Colter St UNIT 142PhoenixAZ85015
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 1718 W Colter St UNIT 142, Phoenix, AZ, 85015 earns $509/mo cash flow from $2,648/mo rent with a $1,542/mo payment. Total monthly income totals $2,648/mo, and annual cash flow totals $6,105/yr on $104,422 capital. ROI tracks 25.76% on current figures, and rental yield reads 10.09% at a $314,999 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,028 over five years. Five-year ROI reaches 135% and total cumulative return in cash sums $140,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,648/mo property income instead of your personal income.
Apartment
Built in 2004
969 sqft lot
$N/A/sqft
$277 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: Gina McClain • AIG Realty LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6885577
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