2150 W Alameda Rd UNIT 1198PhoenixAZ85085
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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
Investment Highlights
Investment property for sale in Phoenix at 2150 W Alameda Rd UNIT 1198, Phoenix, AZ, 85085 offers a 10.18% rental yield on a $382,000 purchase with $3,240/mo rent. Total monthly income registers $3,240/mo, and a $1,870/mo payment leaves $742/mo available for distribution. Annual cash flow reaches $8,900/yr on $126,633 to close, and return on cash invested stands at 26.94% in year one. Equity gained on principal adds $2,465/yr while 5% annual appreciation supports $105,540 over five years. Portfolio math shows five-year ROI at 140.99% and total cumulative return in cash at $178,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,240/mo property income against a $1,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
1,221 sqft lot
$N/A/sqft
$240 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
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Nearby investment properties with comparable prices
Listed by: Vincent Clark • VCRE
Mls Name: ARMLS
Mls Provider:
Mls ID: #6795557
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