1950 E Paradise LnPhoenixAZ85022
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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 1950 E Paradise Ln, Phoenix, AZ, 85022 with 5% annual appreciation on a $349,000 basis while $2,151/mo rent supports operations. Total monthly income totals $2,151/mo and a $1,708/mo payment preserves $46/mo for cash returns. Annual cash flow comes to $554/yr on $115,694 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 7.4%. Five-year ROI measures 105.23% and total cumulative return in cash totals $121,740.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,151/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
4,582 sqft lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
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Listed by: Edwin Marc • Realty Executives
Mls Name: ARMLS
Mls Provider:
Mls ID: #6849906
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