1836 E Desert LnPhoenixAZ85042
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
Rental property for sale in Phoenix at 1836 E Desert Ln, Phoenix, AZ, 85042 generates $2,702/mo in rent, after a $2,814/mo payment. Total monthly income is $2,702/mo. Return on cash invested sits at 15.64% in year one, and rental yield is 5.64% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 79.57% and total cumulative return in cash sums $150,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,702/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
7,812 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices