2116 W Bonanza LnPhoenixAZ85085
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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
Rental property for sale in Phoenix at 2116 W Bonanza Ln, Phoenix, AZ, 85085 generates $3,772/mo in rent and, after a $3,059/mo payment, leaves $78/mo in cash flow. Total monthly income is $3,772/mo, and annual cash flow is $931/yr on $205,625 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 7.24% on a $624,999 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 105.68% and total cumulative return in cash sums $217,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,772/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85085, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,536 (100%) |
| Owner Occupied HU | 7,964 (51.3%) |
| Renter Occupied HU | 6,094 (39.2%) |
| Vacant Housing Units | 1,478 ( 9.5%) |
| Median Home Value | $609,655 |
| Average Home Value | $635,563 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
2,182
Multi-Family
11,945
Businesses
556
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