2429 W Morten 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 2429 W Morten Ave, Phoenix, AZ, 85021 earns $1,327/mo cash flow from $3,054/mo rent with a $1,430/mo payment. Total monthly income totals $3,054/mo, and annual cash flow totals $15,924/yr on $96,831 capital. ROI tracks 36.35% on current figures, and rental yield reads 12.55% at a $292,100 purchase. Equity gained on principal adds $1,885/yr, and 5% annual appreciation supports $80,702 over five years. Five-year ROI reaches 190.73% and total cumulative return in cash sums $184,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,054/mo property income instead of your personal income.
Single Family
Built in 1940
0.80 Acres 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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