2606 W Gelding DrPhoenixAZ85023
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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 2606 W Gelding Dr, Phoenix, AZ, 85023 generates $3,251/mo in rent and, after a $2,188/mo payment, leaves $609/mo in cash flow. Total monthly income is $3,251/mo, and annual cash flow is $7,303/yr on $148,181 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 8.73% on a $447,000 entry. Equity gained on principal adds $2,884/yr, while 5% annual appreciation builds toward $123,498 over five years. Five-year ROI reaches 128.92% and total cumulative return in cash sums $191,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,251/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
6,322 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85023, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,096 (100%) |
| Owner Occupied HU | 8,409 (52.2%) |
| Renter Occupied HU | 6,697 (41.6%) |
| Vacant Housing Units | 990 ( 6.2%) |
| Median Home Value | $422,242 |
| Average Home Value | $516,282 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
8,414
Multi-Family
6,242
Businesses
446
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