2945 E Mulberry DrPhoenixAZ85016
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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 2945 E Mulberry Dr, Phoenix, AZ, 85016 offers a 9.8% rental yield on a $499,500 purchase with $4,080/mo rent. Total monthly income registers $4,080/mo, and a $2,445/mo payment leaves $1,127/mo available for distribution. Annual cash flow reaches $13,526/yr on $165,584 to close, and return on cash invested stands at 28.08% in year one. Equity gained on principal adds $3,223/yr while 5% annual appreciation supports $138,003 over five years. Portfolio math shows five-year ROI at 146.31% and total cumulative return in cash at $242,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,080/mo property income against a $2,445/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
9,265 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85016, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,297 (100%) |
| Owner Occupied HU | 9,257 (43.5%) |
| Renter Occupied HU | 9,498 (44.6%) |
| Vacant Housing Units | 2,542 (11.9%) |
| Median Home Value | $625,388 |
| Average Home Value | $702,882 |
Housing Distribution
Address Breakdown
Residential
20,383
Single Family
8,164
Multi-Family
12,219
Businesses
2,170
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