1924 E Monte Vista RdPhoenixAZ85006
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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 1924 E Monte Vista Rd, Phoenix, AZ, 85006 listed at $372,500 pairs $2,220/mo rent with a $1,823/mo payment to leave $18/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $219/yr on $123,484 cash to close. Return on cash invested measures 20.09% in year one, and rental yield registers 7.15% at a $372,500 basis. Equity gained on principal adds $2,404/yr, and annual property appreciation at 5% supports $102,915 by year five. Five-year ROI tracks 103.45% and total cumulative return in cash totals $127,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,823/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
5,955 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85006, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,555 (100%) |
| Owner Occupied HU | 4,012 (38.0%) |
| Renter Occupied HU | 5,355 (50.7%) |
| Vacant Housing Units | 1,188 (11.3%) |
| Median Home Value | $475,805 |
| Average Home Value | $561,558 |
Housing Distribution
Address Breakdown
Residential
9,599
Single Family
7,111
Multi-Family
2,488
Businesses
788
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Listed by: Bryan Larive • Arizona Estate Investors
Mls Name: ARMLS
Mls Provider:
Mls ID: #6765984
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