3007 E Calaveros DrPhoenixAZ85028
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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
Rental property for sale in Phoenix at 3007 E Calaveros Dr, Phoenix, AZ, 85028 priced at $1,215,000 converts $4,500/mo rent into after a $5,947/mo obligation. Total monthly income equals $4,500/mo. Return on cash invested prints 11.89% in year one, and rental yield reads 4.44% against a $1,215,000 entry. Equity gained on principal adds $7,840/yr, while 5% annual appreciation compiles into $335,682 by year five. Five-year ROI reaches 59.47% and total cumulative return in cash sums $234,125. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,500/mo property income covering a $5,947/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.30 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85028, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,045 (100%) |
| Owner Occupied HU | 7,080 (70.5%) |
| Renter Occupied HU | 2,073 (20.6%) |
| Vacant Housing Units | 892 ( 8.9%) |
| Median Home Value | $602,703 |
| Average Home Value | $682,207 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,468
Multi-Family
1,306
Businesses
590
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Listed by: David R Lewis • Realty Executives
Mls Name: ARMLS
Mls Provider:
Mls ID: #6774557
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