2620 W Piedmont RdPhoenixAZ85041
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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 2620 W Piedmont Rd, Phoenix, AZ, 85041 offers $2,951/mo rent that, after a $2,975/mo payment. Total monthly income is $2,951/mo. Return on cash invested measures 16.21% in year one, and rental yield stands at 5.83% at a $607,900 entry. Equity gained on principal adds $3,923/yr while 5% annual appreciation compounds into $167,952 by year five. Five-year ROI records 82.58% and total cumulative return in cash reaches $165,164. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,951/mo property income versus a $2,975/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
10,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
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