2516 W Joy Ranch RdPhoenixAZ85086
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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 2516 W Joy Ranch Rd, Phoenix, AZ, 85086 offers a 5.71% rental yield on a $1,055,000 purchase with $5,020/mo rent. 1% in year one. Equity gained on principal adds $6,808/yr while 5% annual appreciation supports $291,477 over five years. Portfolio math shows five-year ROI at 81.95% and total cumulative return in cash at $280,119. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,020/mo property income against a $5,164/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85086, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,839 (100%) |
| Owner Occupied HU | 13,349 (79.3%) |
| Renter Occupied HU | 2,307 (13.7%) |
| Vacant Housing Units | 1,183 ( 7.0%) |
| Median Home Value | $607,093 |
| Average Home Value | $650,277 |
Housing Distribution
Address Breakdown
Residential
16,294
Single Family
4,284
Multi-Family
12,010
Businesses
422
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