228 W Royal Palm RdPhoenixAZ85021
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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
Rental property for sale in Phoenix at 228 W Royal Palm Rd, Phoenix, AZ, 85021 priced at $1,325,000 converts $4,472/mo rent into after a $6,485/mo obligation. Total monthly income equals $4,472/mo. Return on cash invested prints 10.98% in year one, and rental yield reads 4.05% against a $1,325,000 entry. Equity gained on principal adds $8,550/yr, while 5% annual appreciation compiles into $366,073 by year five. Five-year ROI reaches 54.47% and total cumulative return in cash sums $233,860. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,472/mo property income covering a $6,485/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85021, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,096 (100%) |
| Owner Occupied HU | 7,339 (40.6%) |
| Renter Occupied HU | 9,422 (52.1%) |
| Vacant Housing Units | 1,335 ( 7.4%) |
| Median Home Value | $504,448 |
| Average Home Value | $571,329 |
Housing Distribution
Address Breakdown
Residential
17,469
Single Family
8,573
Multi-Family
8,896
Businesses
1,150
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