18239 N 40th St UNIT 174PhoenixAZ85032
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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 18239 N 40th St UNIT 174, Phoenix, AZ, 85032 earns $612/mo cash flow from $2,220/mo rent with a $1,331/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $7,350/yr on $90,168 capital. ROI tracks 28.06% on current figures, and rental yield reads 9.79% at a $272,000 purchase. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,149 over five years. Five-year ROI reaches 146.21% and total cumulative return in cash sums $131,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Townhouse
Built in 1985
554 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85032, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,670 (100%) |
| Owner Occupied HU | 16,608 (57.9%) |
| Renter Occupied HU | 10,272 (35.8%) |
| Vacant Housing Units | 1,790 ( 6.2%) |
| Median Home Value | $480,797 |
| Average Home Value | $535,828 |
Housing Distribution
Address Breakdown
Residential
29,279
Single Family
18,686
Multi-Family
10,593
Businesses
1,618
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