2724 W McLellan Blvd UNIT 128PhoenixAZ85017
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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 McLellan Blvd UNIT 128, Phoenix, AZ, 85017 uses $78,566 cash to close to unlock $997/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,715/mo, and a $1,160/mo payment keeps the spread at $83/mo. Purchase price stands at $237,000, and rental yield measures 8.68% with $1,715/mo rent. Return on cash invested shows 21.18% in year one, and 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 110.61% and total cumulative return in cash records $86,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,715/mo property income covering a $1,160/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
1,067 sqft lot
$N/A/sqft
$231 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85017, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 5,252 (42.8%) |
| Renter Occupied HU | 6,048 (49.3%) |
| Vacant Housing Units | 974 ( 7.9%) |
| Median Home Value | $266,505 |
| Average Home Value | $332,390 |
Housing Distribution
Address Breakdown
Residential
11,790
Single Family
6,924
Multi-Family
4,866
Businesses
1,173
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