3001 W Mercer LnPhoenixAZ85029
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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 3001 W Mercer Ln, Phoenix, AZ, 85029 earns $1,402/mo cash flow from $3,116/mo rent with a $1,419/mo payment. Total monthly income totals $3,116/mo, and annual cash flow totals $16,826/yr on $96,135 capital. ROI tracks 37.41% on current figures, and rental yield reads 12.89% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 196.38% and total cumulative return in cash sums $188,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,116/mo property income instead of your personal income.
Single Family
Built in 1971
9,343 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85029, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 9,528 (50.8%) |
| Renter Occupied HU | 8,353 (44.6%) |
| Vacant Housing Units | 860 ( 4.6%) |
| Median Home Value | $373,049 |
| Average Home Value | $453,420 |
Housing Distribution
Address Breakdown
Residential
17,784
Single Family
11,414
Multi-Family
6,370
Businesses
1,029
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