1841 N 16th AvePhoenixAZ85007
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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 1841 N 16th Ave, Phoenix, AZ, 85007 earns from $3,466/mo rent with a $3,549/mo payment. Total monthly income totals $3,466/mo. ROI tracks 15.93% on current figures, and rental yield reads 5.74% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 81.12% and total cumulative return in cash sums $193,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,466/mo property income instead of your personal income.
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
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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