2605 W Van Buren St LOT 111PhoenixAZ85009
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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 2605 W Van Buren St LOT 111, Phoenix, AZ, 85009 uses $36,465 cash to close to unlock $2,822/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $885/mo, and a $538/mo payment keeps the spread at $235/mo. Purchase price stands at $110,000, and rental yield measures 9.65% with $885/mo rent. Return on cash invested shows 27.65% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 144.1% and total cumulative return in cash records $52,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $885/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85009, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 7,133 (51.2%) |
| Renter Occupied HU | 6,020 (43.2%) |
| Vacant Housing Units | 784 ( 5.6%) |
| Median Home Value | $228,786 |
| Average Home Value | $306,232 |
Housing Distribution
Address Breakdown
Residential
13,005
Single Family
10,729
Multi-Family
2,276
Businesses
2,136
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Listed by: Lilia Velez • Century 21 Northwest
Mls Name: ARMLS
Mls Provider:
Mls ID: #6855845
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