1861 N 63rd AvePhoenixAZ85035
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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 1861 N 63rd Ave, Phoenix, AZ, 85035 uses $131,108 cash to close to unlock $143/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $2,350/mo, and a $1,936/mo payment keeps the spread at $12/mo. Purchase price stands at $395,500, and rental yield measures 7.13% with $2,350/mo rent. Return on cash invested shows 20.02% in year one, and 5% annual appreciation builds toward $109,269 over five years. Five-year ROI reaches 103.05% and total cumulative return in cash records $135,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,350/mo property income covering a $1,936/mo payment rather than investor’s personal income.
Single Family
Built in 1973
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85035, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,789 (100%) |
| Owner Occupied HU | 6,863 (49.8%) |
| Renter Occupied HU | 6,252 (45.3%) |
| Vacant Housing Units | 674 ( 4.9%) |
| Median Home Value | $265,008 |
| Average Home Value | $341,796 |
Housing Distribution
Address Breakdown
Residential
15,055
Single Family
8,195
Multi-Family
6,860
Businesses
310
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