2027 E Michelle DrPhoenixAZ85022
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 2027 E Michelle Dr, Phoenix, AZ, 85022 at $232,000 posts ROI 23.23% with $213/mo cash flow from $1,585/mo rent. Total monthly income equals $1,585/mo, and annual cash flow records $2,558/yr on $76,908 to close. Return on cash invested measures 23.23% and rental yield reads 8.2% at the current $232,000. Equity gained on principal adds $1,497/yr, and 5% annual appreciation supports $64,097 by year five. Five-year ROI prints 120.36% and total cumulative return in cash totals $92,567.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,585/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1961
6,044 sqft lot
$N/A/sqft
No 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: Jami Puerta • Weichert Realtors - Upraise
Mls Name: ARMLS
Mls Provider:
Mls ID: #6846824
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