20660 N 40th St UNIT 2016PhoenixAZ85050
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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 20660 N 40th St UNIT 2016, Phoenix, AZ, 85050 uses $150,799 cash to close to unlock $10,206/yr annual cash flow and $851/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $2,227/mo payment keeps the spread at $851/mo. Purchase price stands at $454,900, and rental yield measures 9.34% with $3,540/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $125,680 over five years. Five-year ROI reaches 138.78% and total cumulative return in cash records $209,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
978 sqft 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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