1933 E Morrow DrPhoenixAZ85024
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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 1933 E Morrow Dr, Phoenix, AZ, 85024 offers a 6.43% rental yield on a $532,000 purchase with $2,849/mo rent. 03% in year one. Equity gained on principal adds $3,433/yr while 5% annual appreciation supports $146,982 over five years. Portfolio math shows five-year ROI at 92.4% and total cumulative return in cash at $161,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,849/mo property income against a $2,604/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
5,138 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85024, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 7,514 (68.5%) |
| Renter Occupied HU | 2,968 (27.0%) |
| Vacant Housing Units | 493 ( 4.5%) |
| Median Home Value | $461,710 |
| Average Home Value | $480,628 |
Housing Distribution
Address Breakdown
Residential
11,616
Single Family
6,964
Multi-Family
4,652
Businesses
466
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Listed by: Brett Dempsey • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853419
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