29203 N 23rd DrPhoenixAZ85085
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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 29203 N 23rd Dr, Phoenix, AZ, 85085 listed at $489,999 pairs $3,253/mo rent with a $2,398/mo payment to leave $297/mo cash flow. Total monthly income runs $3,253/mo, and annual cash flow reaches $3,562/yr on $162,435 cash to close. Return on cash invested measures 22.1% in year one, and rental yield registers 7.97% at a $489,999 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 114.4% and total cumulative return in cash totals $185,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,253/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
4,491 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85085, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,536 (100%) |
| Owner Occupied HU | 7,964 (51.3%) |
| Renter Occupied HU | 6,094 (39.2%) |
| Vacant Housing Units | 1,478 ( 9.5%) |
| Median Home Value | $609,655 |
| Average Home Value | $635,563 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
2,182
Multi-Family
11,945
Businesses
556
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