2402 W Diana AvePhoenixAZ85021
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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 2402 W Diana Ave, Phoenix, AZ, 85021 uses $117,020 cash to close to unlock $3,169/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $2,351/mo, and a $1,728/mo payment keeps the spread at $264/mo. Purchase price stands at $353,000, and rental yield measures 7.99% with $2,351/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $97,527 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $136,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,351/mo property income covering a $1,728/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,105 sqft 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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