2315 E Levi DrPhoenixAZ85040
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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 2315 E Levi Dr, Phoenix, AZ, 85040 generates $3,060/mo in rent and, after a $2,288/mo payment, leaves $145/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $1,738/yr on $154,976 invested. Return on cash invested sits at 21.03% in year one, and rental yield is 7.85% on a $467,500 entry. Equity gained on principal adds $3,017/yr, while 5% annual appreciation builds toward $129,162 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $168,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.26 Acres lot
$N/A/sqft
$141 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85040, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,360 (100%) |
| Owner Occupied HU | 5,938 (48.0%) |
| Renter Occupied HU | 5,603 (45.3%) |
| Vacant Housing Units | 819 ( 6.6%) |
| Median Home Value | $346,113 |
| Average Home Value | $421,162 |
Housing Distribution
Address Breakdown
Residential
11,274
Single Family
7,244
Multi-Family
4,030
Businesses
2,103
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Listed by: Scott A Brown • Keller Williams Integrity First
Mls Name: ARMLS
Mls Provider:
Mls ID: #6872463
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010