2121 W Royal Palm Rd APT 1014PhoenixAZ85021
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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 2121 W Royal Palm Rd APT 1014, Phoenix, AZ, 85021 listed at $189,000 pairs $1,507/mo rent with a $925/mo payment to leave $154/mo cash flow. Total monthly income runs $1,507/mo, and annual cash flow reaches $1,846/yr on $62,654 cash to close. Return on cash invested measures 22.86% in year one, and rental yield registers 9.57% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 119.91% and total cumulative return in cash totals $75,130. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,507/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
908 sqft lot
$N/A/sqft
$236 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85021, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,096 (100%) |
| Owner Occupied HU | 7,339 (40.6%) |
| Renter Occupied HU | 9,422 (52.1%) |
| Vacant Housing Units | 1,335 ( 7.4%) |
| Median Home Value | $504,448 |
| Average Home Value | $571,329 |
Housing Distribution
Address Breakdown
Residential
17,469
Single Family
8,573
Multi-Family
8,896
Businesses
1,150
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Listed by: Hugo Espinoza • Equity Realty Group, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6865117
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