2330 E Cortez StPhoenixAZ85028
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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 2330 E Cortez St, Phoenix, AZ, 85028 with 5% annual appreciation on a $839,500 basis while $4,500/mo rent supports operations. 05% in year one. Equity gained on principal adds $5,417/yr, and five-year appreciation sums $231,938 alongside rental yield of 6.43%. Five-year ROI measures 92.48% and total cumulative return in cash totals $255,433. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,500/mo property income versus a $4,109/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
10,117 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85028, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,045 (100%) |
| Owner Occupied HU | 7,080 (70.5%) |
| Renter Occupied HU | 2,073 (20.6%) |
| Vacant Housing Units | 892 ( 8.9%) |
| Median Home Value | $602,703 |
| Average Home Value | $682,207 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,468
Multi-Family
1,306
Businesses
590
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Listed by: Susan C Etchebarren • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6782163
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