2608 W Joan De Arc AvePhoenixAZ85029
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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 2608 W Joan De Arc Ave, Phoenix, AZ, 85029 generates $2,112/mo in rent, after a $1,563/mo payment. Total monthly income is $2,112/mo. Return on cash invested sits at 19.58% in year one, and rental yield is 7.94% on a $319,380 entry. Equity gained on principal adds $2,061/yr, while 5% annual appreciation builds toward $88,239 over five years. Five-year ROI reaches 101.8% and total cumulative return in cash sums $107,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,112/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
2,140 sqft lot
$N/A/sqft
$253 monthly 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
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Listed by: Beth M Rider • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6744415
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