18811 N 19th Ave APT 2004PhoenixAZ85027
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.63% yield at 18811 N 19th Ave APT 2004, Phoenix, AZ, 85027 in Phoenix is solid, but the $866/mo payment compresses net cash flow to $157/mo at $192,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $53,184 by year five, and $1,773/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $98,972.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $157 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,545 |
| Total Monthly Debt Service | $1,061 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1984
90 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85027, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 9,789 (56.5%) |
| Renter Occupied HU | 6,231 (36.0%) |
| Vacant Housing Units | 1,305 ( 7.5%) |
| Median Home Value | $376,882 |
| Average Home Value | $434,464 |
Housing Distribution
Address Breakdown
Residential
16,694
Single Family
11,421
Multi-Family
5,273
Businesses
1,913
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
Condo
Built in 1984
90 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85027, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 9,789 (56.5%) |
| Renter Occupied HU | 6,231 (36.0%) |
| Vacant Housing Units | 1,305 ( 7.5%) |
| Median Home Value | $376,882 |
| Average Home Value | $434,464 |
Housing Distribution
Address Breakdown
Residential
16,694
Single Family
11,421
Multi-Family
5,273
Businesses
1,913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices