2924 W Anderson DrPhoenixAZ85053
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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 2924 W Anderson Dr, Phoenix, AZ, 85053 with 5% annual appreciation on a $425,000 basis while $2,692/mo rent supports operations. Total monthly income totals $2,692/mo and a $2,080/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,159/yr on $140,888 deployed, and return on cash invested reaches 21.44% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 7.6%. Five-year ROI measures 110.69% and total cumulative return in cash totals $155,945.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,692/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
8,418 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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