20660 N 40th St UNIT 2058PhoenixAZ85050
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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 2058, Phoenix, AZ, 85050 offers a 8.51% rental yield on a $366,000 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,791/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $875/yr on $121,329 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $2,362/yr while 5% annual appreciation supports $101,119 over five years. Portfolio math shows five-year ROI at 107.63% and total cumulative return in cash at $130,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,791/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,040 sqft lot
$N/A/sqft
$360 monthly 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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