2306 W Spur DrPhoenixAZ85085
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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 2306 W Spur Dr, Phoenix, AZ, 85085 offers $3,836/mo rent that, after a $3,071/mo payment, leaves $57/mo cash flow. Total monthly income is $3,836/mo, and annual cash flow is $684/yr on $206,448 cash. Return on cash invested measures 20.39% in year one, and rental yield stands at 7.34% at a $627,500 entry. Equity gained on principal adds $4,049/yr while 5% annual appreciation compounds into $173,367 by year five. Five-year ROI records 105.19% and total cumulative return in cash reaches $217,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,836/mo property income versus a $3,071/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,600 sqft lot
$N/A/sqft
$210 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85085, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,536 (100%) |
| Owner Occupied HU | 7,964 (51.3%) |
| Renter Occupied HU | 6,094 (39.2%) |
| Vacant Housing Units | 1,478 ( 9.5%) |
| Median Home Value | $609,655 |
| Average Home Value | $635,563 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
2,182
Multi-Family
11,945
Businesses
556
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