2449 W Missouri AvePhoenixAZ85015
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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 2449 W Missouri Ave, Phoenix, AZ, 85015 priced at $105,000 converts $824/mo rent into after a $514/mo obligation. Total monthly income equals $824/mo. Return on cash invested prints 10.2% in year one, and rental yield reads 9.42% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 56.61% and total cumulative return in cash sums $19,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $824/mo property income covering a $514/mo payment, not borrower’s personal income.
Apartment
Built in 1964
N/A lot
$N/A/sqft
$485 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85015, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 6,225 (35.2%) |
| Renter Occupied HU | 10,034 (56.8%) |
| Vacant Housing Units | 1,418 ( 8.0%) |
| Median Home Value | $418,594 |
| Average Home Value | $512,861 |
Housing Distribution
Address Breakdown
Residential
16,504
Single Family
8,707
Multi-Family
7,797
Businesses
894
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Listed by: Soroosh Ghafaripanah • AZ Dream Homes
Mls Name: ARMLS
Mls Provider:
Mls ID: #6797909
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