2534 N Mitchell StPhoenixAZ85006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2534 N Mitchell St, Phoenix, AZ, 85006 at $425,000 posts ROI 22.79% with $338/mo cash flow from $2,850/mo rent. Total monthly income equals $2,850/mo, and annual cash flow records $4,055/yr on $140,888 to close. Return on cash invested measures 22.79% and rental yield reads 8.05% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 117.9% and total cumulative return in cash totals $166,109.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
6,904 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85006, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,555 (100%) |
| Owner Occupied HU | 4,012 (38.0%) |
| Renter Occupied HU | 5,355 (50.7%) |
| Vacant Housing Units | 1,188 (11.3%) |
| Median Home Value | $475,805 |
| Average Home Value | $561,558 |
Housing Distribution
Address Breakdown
Residential
9,599
Single Family
7,111
Multi-Family
2,488
Businesses
788
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