2939 E Paradise LnPhoenixAZ85032
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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 2939 E Paradise Ln, Phoenix, AZ, 85032 with 5% annual appreciation on a $225,000 basis while $1,545/mo rent supports operations. Total monthly income totals $1,545/mo and a $1,101/mo payment preserves $215/mo for cash returns. Annual cash flow comes to $2,583/yr on $74,588 deployed, and return on cash invested reaches 23.37% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.24%. Five-year ROI measures 121.09% and total cumulative return in cash totals $90,321.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,545/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1978
7,551 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85032, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,670 (100%) |
| Owner Occupied HU | 16,608 (57.9%) |
| Renter Occupied HU | 10,272 (35.8%) |
| Vacant Housing Units | 1,790 ( 6.2%) |
| Median Home Value | $480,797 |
| Average Home Value | $535,828 |
Housing Distribution
Address Breakdown
Residential
29,279
Single Family
18,686
Multi-Family
10,593
Businesses
1,618
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Listed by: Brian Rhode • Barrett Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6837195
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