19802 N 32nd St LOT 98PhoenixAZ85050
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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 19802 N 32nd St LOT 98, Phoenix, AZ, 85050 generates $998/mo in rent and, after a $636/mo payment, leaves $230/mo in cash flow. Total monthly income is $998/mo, and annual cash flow is $2,758/yr on $43,095 invested. Return on cash invested sits at 26.31% in year one, and rental yield is 9.21% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 136.81% and total cumulative return in cash sums $58,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $998/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85050, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 10,854 (76.2%) |
| Renter Occupied HU | 2,526 (17.7%) |
| Vacant Housing Units | 863 ( 6.1%) |
| Median Home Value | $617,591 |
| Average Home Value | $657,043 |
Housing Distribution
Address Breakdown
Residential
13,606
Single Family
8,078
Multi-Family
5,528
Businesses
1,090
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Listed by: Katarzyna Honeycutt • Re/Max Fine Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6789417
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