3008 N 98th LnPhoenixAZ85037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3008 N 98th Ln, Phoenix, AZ, 85037 in Phoenix speaks for itself: 10.2% gross on a $442,600 price, generating $3,762/mo in rent and $1,146/mo in net income after the $1,990/mo debt service. DSCR 1.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,749 stacks alongside $122,282 in projected five-year appreciation and $4,076/yr in principal reduction. Projected total cumulative return: $241,086.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $1,146 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,762 |
| Total Monthly Debt Service | $2,440 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
