2724 W Desert Cove 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
Investment property for sale in Phoenix at 2724 W Desert Cove Ave, Phoenix, AZ, 85029 uses $93,483 cash to close to unlock $5,344/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $2,112/mo, and a $1,380/mo payment keeps the spread at $445/mo. Purchase price stands at $282,000, and rental yield measures 8.99% with $2,112/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 133.17% and total cumulative return in cash records $124,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,112/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
1,178 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
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