2234 E Lawrence RdPhoenixAZ85016
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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 2234 E Lawrence Rd, Phoenix, AZ, 85016 listed at $828,500 pairs $3,478/mo rent with a $4,055/mo payment. Total monthly income runs $3,478/mo. Return on cash invested measures 13.81% in year one, and rental yield registers 5.04% at a $828,500 basis. Equity gained on principal adds $5,346/yr, and annual property appreciation at 5% supports $228,899 by year five. Five-year ROI tracks 69.74% and total cumulative return in cash totals $190,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,478/mo property income relative to a $4,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
10,337 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85016, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,297 (100%) |
| Owner Occupied HU | 9,257 (43.5%) |
| Renter Occupied HU | 9,498 (44.6%) |
| Vacant Housing Units | 2,542 (11.9%) |
| Median Home Value | $625,388 |
| Average Home Value | $702,882 |
Housing Distribution
Address Breakdown
Residential
20,383
Single Family
8,164
Multi-Family
12,219
Businesses
2,170
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