2822 E Mobile LnPhoenixAZ85040
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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 2822 E Mobile Ln, Phoenix, AZ, 85040 earns from $3,060/mo rent with a $2,604/mo payment. Total monthly income totals $3,060/mo. ROI tracks 19.48% on current figures, and rental yield reads 6.9% at a $532,000 purchase. Equity gained on principal adds $3,433/yr, and 5% annual appreciation supports $146,982 over five years. Five-year ROI reaches 100.15% and total cumulative return in cash sums $175,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,060/mo property income instead of your personal income.
Multi Family
Built in 1998
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85040, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,360 (100%) |
| Owner Occupied HU | 5,938 (48.0%) |
| Renter Occupied HU | 5,603 (45.3%) |
| Vacant Housing Units | 819 ( 6.6%) |
| Median Home Value | $346,113 |
| Average Home Value | $421,162 |
Housing Distribution
Address Breakdown
Residential
11,274
Single Family
7,244
Multi-Family
4,030
Businesses
2,103
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Listed by: Cynthia Brown • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6789643
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010