1747 E Grove StPhoenixAZ85040
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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
Total monthly income runs $2,340/mo, and a $2,288/mo payment. Purchase price stands at $467,500, and rental yield measures 6.01% with $2,340/mo rent. Return on cash invested shows 16.63% in year one, and 5% annual appreciation builds toward $129,162 over five years. Five-year ROI reaches 84.9% and total cumulative return in cash records $131,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $2,288/mo payment rather than investor’s personal income.
Single Family
Built in 2018
6,325 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85040, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,360 (100%) |
| Owner Occupied HU | 5,938 (48.0%) |
| Renter Occupied HU | 5,603 (45.3%) |
| Vacant Housing Units | 819 ( 6.6%) |
| Median Home Value | $346,113 |
| Average Home Value | $421,162 |
Housing Distribution
Address Breakdown
Residential
11,274
Single Family
7,244
Multi-Family
4,030
Businesses
2,103
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