218 E Milada DrPhoenixAZ85042
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
Investment Highlights
Investment property for sale in Phoenix at 218 E Milada Dr, Phoenix, AZ, 85042 listed at $416,000 pairs $3,240/mo rent with a $2,036/mo payment to leave $731/mo cash flow. Total monthly income runs $3,240/mo, and annual cash flow reaches $8,773/yr on $137,904 cash to close. Return on cash invested measures 26.27% in year one, and rental yield registers 9.35% at a $416,000 basis. Equity gained on principal adds $2,684/yr, and annual property appreciation at 5% supports $114,933 by year five. Five-year ROI tracks 136.77% and total cumulative return in cash totals $188,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,240/mo property income relative to a $2,036/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
6,500 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85042, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,051 (65.6%) |
| Renter Occupied HU | 4,938 (29.3%) |
| Vacant Housing Units | 865 ( 5.1%) |
| Median Home Value | $437,705 |
| Average Home Value | $496,161 |
Housing Distribution
Address Breakdown
Residential
16,608
Single Family
10,960
Multi-Family
5,648
Businesses
431
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Warren Maxey • DPR Realty LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6869443
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