19601 N 7th St UNIT 1005PhoenixAZ85024
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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
Rental property for sale in Phoenix at 19601 N 7th St UNIT 1005, Phoenix, AZ, 85024 generates $2,090/mo in rent and, after a $1,150/mo payment, leaves $701/mo in cash flow. Total monthly income is $2,090/mo, and annual cash flow is $8,413/yr on $77,903 invested. Return on cash invested sits at 30.71% in year one, and rental yield is 10.67% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 160.44% and total cumulative return in cash sums $124,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,090/mo property income rather than buyer’s personal income.
Condo
Built in 1985
495 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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