2150 W Alameda Rd UNIT 1109PhoenixAZ85085
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2150 W Alameda Rd UNIT 1109, Phoenix, AZ, 85085 in Phoenix delivers $2,388/mo in gross rent and $351/mo in net monthly income at a $412,500 entry. The 8.84% yield and 1.29 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $113,966 over five years and $3,799/yr in equity from loan paydown, total projected return is $135,406.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $351 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,388 |
| Total Monthly Debt Service | $2,562 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2016
1,200 sqft lot
$N/A/sqft
$288 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2016
1,200 sqft lot
$N/A/sqft
$288 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
