2608 W Columbine DrPhoenixAZ85029
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 2608 W Columbine Dr, Phoenix, AZ, 85029 earns from $2,296/mo rent with a $1,958/mo payment. Total monthly income totals $2,296/mo. ROI tracks 19.29% on current figures, and rental yield reads 6.89% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 99.17% and total cumulative return in cash sums $131,500. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,296/mo property income instead of your personal income.
Single Family
Built in 1961
6,604 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85029, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 9,528 (50.8%) |
| Renter Occupied HU | 8,353 (44.6%) |
| Vacant Housing Units | 860 ( 4.6%) |
| Median Home Value | $373,049 |
| Average Home Value | $453,420 |
Housing Distribution
Address Breakdown
Residential
17,784
Single Family
11,414
Multi-Family
6,370
Businesses
1,029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
