2214 N 7th AvePhoenixAZ85007
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
Rental property for sale in Phoenix at 2214 N 7th Ave, Phoenix, AZ, 85007 generates $2,719/mo in rent, after a $2,359/mo payment. Total monthly income is $2,719/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 6.77% on a $482,000 entry. Equity gained on principal adds $3,110/yr, while 5% annual appreciation builds toward $133,168 over five years. Five-year ROI reaches 95.43% and total cumulative return in cash sums $152,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,719/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
9,675 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
