1720 E Thunderbird Rd UNIT 2061PhoenixAZ85022
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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 1720 E Thunderbird Rd UNIT 2061, Phoenix, AZ, 85022 earns from $1,741/mo rent with a $1,265/mo payment. Total monthly income totals $1,741/mo. ROI tracks 18.18% on current figures, and rental yield reads 8.08% at a $258,499 purchase. Equity gained on principal adds $1,668/yr, and 5% annual appreciation supports $71,419 over five years. Five-year ROI reaches 94.93% and total cumulative return in cash sums $81,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,741/mo property income instead of your personal income.
Apartment
Built in 1987
855 sqft lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
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Listed by: Shawn S Gilleland • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6811084
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