28 W Lewis AvePhoenixAZ85003
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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 28 W Lewis Ave, Phoenix, AZ, 85003 with 5% annual appreciation on a $529,777 basis while $3,240/mo rent supports operations. Total monthly income totals $3,240/mo and a $2,593/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,301/yr on $174,297 deployed, and return on cash invested reaches 20.81% in year one. Equity gained on principal adds $3,419/yr, and five-year appreciation sums $146,368 alongside rental yield of 7.34%. Five-year ROI measures 107.26% and total cumulative return in cash totals $186,957.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,240/mo property income versus a $2,593/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
6,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85003, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,752 (100%) |
| Owner Occupied HU | 1,676 (19.1%) |
| Renter Occupied HU | 5,543 (63.3%) |
| Vacant Housing Units | 1,533 (17.5%) |
| Median Home Value | $653,116 |
| Average Home Value | $672,072 |
Housing Distribution
Address Breakdown
Residential
6,499
Single Family
2,186
Multi-Family
4,313
Businesses
693
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