2101 W Luke AvePhoenixAZ85015
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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 2101 W Luke Ave, Phoenix, AZ, 85015 earns from $2,423/mo rent with a $2,122/mo payment. Total monthly income totals $2,423/mo. ROI tracks 18.74% on current figures, and rental yield reads 6.71% at a $433,485 purchase. Equity gained on principal adds $2,797/yr, and 5% annual appreciation supports $119,764 over five years. Five-year ROI reaches 96.24% and total cumulative return in cash sums $138,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,423/mo property income instead of your personal income.
Single Family
Built in 1954
9,740 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85015, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 6,225 (35.2%) |
| Renter Occupied HU | 10,034 (56.8%) |
| Vacant Housing Units | 1,418 ( 8.0%) |
| Median Home Value | $418,594 |
| Average Home Value | $512,861 |
Housing Distribution
Address Breakdown
Residential
16,504
Single Family
8,707
Multi-Family
7,797
Businesses
894
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