21320 N 56th St UNIT 1007PhoenixAZ85054
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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 21320 N 56th St UNIT 1007, Phoenix, AZ, 85054 earns from $2,814/mo rent with a $3,177/mo payment. Total monthly income totals $2,814/mo. ROI tracks 14.31% on current figures, and rental yield reads 5.2% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 72.44% and total cumulative return in cash sums $154,668. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,814/mo property income instead of your personal income.
Condo
Built in 2007
1,910 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85054, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,393 (100%) |
| Owner Occupied HU | 2,322 (27.7%) |
| Renter Occupied HU | 4,185 (49.9%) |
| Vacant Housing Units | 1,886 (22.5%) |
| Median Home Value | $610,524 |
| Average Home Value | $640,581 |
Housing Distribution
Address Breakdown
Residential
6,925
Single Family
764
Multi-Family
6,161
Businesses
236
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