2250 E Deer Valley Rd UNIT 24PhoenixAZ85024
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2250 E Deer Valley Rd UNIT 24, Phoenix, AZ, 85024 in Phoenix is a solid income-producing rental, 8.35% gross yield, $2,184/mo rent, $229/mo net cash flow on a $413,350 buy. DSCR 1.17 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $114,201 and $3,807/yr in principal reduction project a total cumulative return of $126,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $229 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,184 |
| Total Monthly Debt Service | $2,493 |
| DSCR Ratio | 0.88x |
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 2005
1,465 sqft lot
$N/A/sqft
$214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85024, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 7,514 (68.5%) |
| Renter Occupied HU | 2,968 (27.0%) |
| Vacant Housing Units | 493 ( 4.5%) |
| Median Home Value | $461,710 |
| Average Home Value | $480,628 |
Housing Distribution
Address Breakdown
Residential
11,616
Single Family
6,964
Multi-Family
4,652
Businesses
466
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 2005
1,465 sqft lot
$N/A/sqft
$214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85024, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 7,514 (68.5%) |
| Renter Occupied HU | 2,968 (27.0%) |
| Vacant Housing Units | 493 ( 4.5%) |
| Median Home Value | $461,710 |
| Average Home Value | $480,628 |
Housing Distribution
Address Breakdown
Residential
11,616
Single Family
6,964
Multi-Family
4,652
Businesses
466
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
