19601 N 7th St UNIT 1063PhoenixAZ85024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 19601 N 7th St UNIT 1063, Phoenix, AZ, 85024 earns $229/mo cash flow from $1,648/mo rent with a $1,175/mo payment. Total monthly income totals $1,648/mo, and annual cash flow totals $2,748/yr on $79,560 capital. ROI tracks 23.36% on current figures, and rental yield reads 8.24% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 120.98% and total cumulative return in cash sums $96,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,648/mo property income instead of your personal income.
Townhouse
Built in 1985
738 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices