1850 N 51st StPhoenixAZ85008
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Phoenix at 1850 N 51st St, Phoenix, AZ, 85008 projects strong ROI of -0.06%. Rental yield 0.68%. With 5% annual appreciation, the property builds $1,174,197 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.04%, translating into $144,553 in total cumulative return on $1,200,625 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.7% | 6.2% |
| Monthly Cash Flow | $(22,716) | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,406 |
| Total Monthly Debt Service | $23,432 |
| DSCR Ratio | 0.10x |
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.
Multi Family
Built in 2023
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85008, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 7,679 (31.2%) |
| Renter Occupied HU | 15,306 (62.3%) |
| Vacant Housing Units | 1,591 ( 6.5%) |
| Median Home Value | $414,264 |
| Average Home Value | $456,940 |
Housing Distribution
Address Breakdown
Residential
23,381
Single Family
9,478
Multi-Family
13,903
Businesses
1,322
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
Multi Family
Built in 2023
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85008, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 7,679 (31.2%) |
| Renter Occupied HU | 15,306 (62.3%) |
| Vacant Housing Units | 1,591 ( 6.5%) |
| Median Home Value | $414,264 |
| Average Home Value | $456,940 |
Housing Distribution
Address Breakdown
Residential
23,381
Single Family
9,478
Multi-Family
13,903
Businesses
1,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa L. Payne • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6722864
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