2120 E Greenway RdPhoenixAZ85022
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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 2120 E Greenway Rd, Phoenix, AZ, 85022 generates $2,280/mo in rent and, after a $1,565/mo payment, leaves $338/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $4,056/yr on $105,981 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 8.56% on a $319,700 entry. Equity gained on principal adds $2,063/yr, while 5% annual appreciation builds toward $88,327 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash sums $130,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
6,264 sqft lot
$N/A/sqft
$52 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
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Listed by: Elmon Krupnik • Venture REI, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6719200
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