2038 N 11th AvePhoenixAZ85007
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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 2038 N 11th Ave, Phoenix, AZ, 85007 listed at $1,350,000 pairs $2,266/mo rent with a $6,608/mo payment. Total monthly income runs $2,266/mo. Return on cash invested measures 4.69% in year one, and rental yield registers 2.01% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 20.77% and total cumulative return in cash totals $90,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,266/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1931
8,255 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
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