2816 W Caribbean LnPhoenixAZ85053
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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 2816 W Caribbean Ln, Phoenix, AZ, 85053 uses $99,417 cash to close to unlock $4,333/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $2,134/mo, and a $1,468/mo payment keeps the spread at $361/mo. Purchase price stands at $299,900, and rental yield measures 8.54% with $2,134/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 125.9% and total cumulative return in cash records $125,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,134/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1971
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85053, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,803 (100%) |
| Owner Occupied HU | 7,267 (61.6%) |
| Renter Occupied HU | 4,140 (35.1%) |
| Vacant Housing Units | 396 ( 3.4%) |
| Median Home Value | $393,135 |
| Average Home Value | $427,438 |
Housing Distribution
Address Breakdown
Residential
11,607
Single Family
8,085
Multi-Family
3,522
Businesses
501
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