1841 N 16th AvePhoenixAZ85007
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1841 N 16th Ave, Phoenix, AZ, 85007 in Phoenix fits: $725,000, 5.74% gross yield, and a projected 5% annual appreciation rate adding $200,304 in value within five years. Rental yield 5.74%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.06) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,677/yr in principal paydown and $200,304 in appreciation project a total return of $221,283.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.2% |
| Monthly Cash Flow | $(820) | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,466 |
| Total Monthly Debt Service | $3,997 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1938
7,218 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
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
Single Family
Built in 1938
7,218 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ezgi Janicek • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6806402
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