2311 E Hartford Ave UNIT 10PhoenixAZ85022
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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 2311 E Hartford Ave UNIT 10, Phoenix, AZ, 85022 uses $102,765 cash to close to unlock $3,082/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $2,089/mo, and a $1,517/mo payment keeps the spread at $257/mo. Purchase price stands at $310,000, and rental yield measures 8.09% with $2,089/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 118.55% and total cumulative return in cash records $121,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,089/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
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