1945 W Sweetwater Ave #2013PhoenixAZ85029
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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 1945 W Sweetwater Ave #2013, Phoenix, AZ, 85029 uses $50,554 cash to close to unlock $1,308/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,170/mo, and a $746/mo payment keeps the spread at $109/mo. Purchase price stands at $152,500, and rental yield measures 9.21% with $1,170/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 117.71% and total cumulative return in cash records $59,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $746/mo payment rather than investor’s personal income.
Apartment
Built in 1982
438 sqft lot
$N/A/sqft
$480 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85029, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 9,528 (50.8%) |
| Renter Occupied HU | 8,353 (44.6%) |
| Vacant Housing Units | 860 ( 4.6%) |
| Median Home Value | $373,049 |
| Average Home Value | $453,420 |
Housing Distribution
Address Breakdown
Residential
17,784
Single Family
11,414
Multi-Family
6,370
Businesses
1,029
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Listed by: Richard Horst • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6812569
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