20404 N 32nd LnPhoenixAZ85027
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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 20404 N 32nd Ln, Phoenix, AZ, 85027 uses $119,672 cash to close to unlock $3,480/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $2,424/mo, and a $1,767/mo payment keeps the spread at $290/mo. Purchase price stands at $361,000, and rental yield measures 8.06% with $2,424/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $99,738 over five years. Five-year ROI reaches 118.07% and total cumulative return in cash records $141,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,424/mo property income covering a $1,767/mo payment rather than investor’s personal income.
Single Family
Built in 1988
4,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85027, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 9,789 (56.5%) |
| Renter Occupied HU | 6,231 (36.0%) |
| Vacant Housing Units | 1,305 ( 7.5%) |
| Median Home Value | $376,882 |
| Average Home Value | $434,464 |
Housing Distribution
Address Breakdown
Residential
16,694
Single Family
11,421
Multi-Family
5,273
Businesses
1,913
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Listed by: Robert A Eufemia Sr. • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6764164
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