1833 E Lynne LnPhoenixAZ85042
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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
Rental property for sale in Phoenix at 1833 E Lynne Ln, Phoenix, AZ, 85042 offers $1,892/mo rent that, after a $1,384/mo payment, leaves $221/mo cash flow. Total monthly income is $1,892/mo, and annual cash flow is $2,646/yr on $93,741 cash. Return on cash invested measures 22.73% in year one, and rental yield stands at 8.03% at a $282,777 entry. Equity gained on principal adds $1,825/yr while 5% annual appreciation compounds into $78,126 by year five. Five-year ROI records 117.64% and total cumulative return in cash reaches $110,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,892/mo property income versus a $1,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85042, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,051 (65.6%) |
| Renter Occupied HU | 4,938 (29.3%) |
| Vacant Housing Units | 865 ( 5.1%) |
| Median Home Value | $437,705 |
| Average Home Value | $496,161 |
Housing Distribution
Address Breakdown
Residential
16,608
Single Family
10,960
Multi-Family
5,648
Businesses
431
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Listed by: Arron C Carson • HomeSmart Premier
Mls Name: ARMLS
Mls Provider:
Mls ID: #6796659
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