1815 W Michelle DrPhoenixAZ85023
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 1815 W Michelle Dr, Phoenix, AZ, 85023 earns $473/mo cash flow from $2,808/mo rent with a $1,933/mo payment. Total monthly income totals $2,808/mo, and annual cash flow totals $5,681/yr on $130,943 capital. ROI tracks 24.25% on current figures, and rental yield reads 8.53% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 125.75% and total cumulative return in cash sums $164,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,808/mo property income instead of your personal income.
Single Family
Built in 1972
8,406 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85023, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,096 (100%) |
| Owner Occupied HU | 8,409 (52.2%) |
| Renter Occupied HU | 6,697 (41.6%) |
| Vacant Housing Units | 990 ( 6.2%) |
| Median Home Value | $422,242 |
| Average Home Value | $516,282 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
8,414
Multi-Family
6,242
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices