3010 W Northern AvePhoenixAZ85051
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
Investment Highlights
Investment property for sale in Phoenix at 3010 W Northern Ave, Phoenix, AZ, 85051 uses $114,334 cash to close to unlock $15,496/yr annual cash flow and $1,291/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $1,688/mo payment keeps the spread at $1,291/mo. Purchase price stands at $344,900, and rental yield measures 11.59% with $3,330/mo rent. Return on cash invested shows 33.46% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 175.18% and total cumulative return in cash records $200,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Single Family
Built in 1953
8,856 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85051, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,262 (100%) |
| Owner Occupied HU | 9,005 (55.4%) |
| Renter Occupied HU | 6,612 (40.7%) |
| Vacant Housing Units | 645 ( 4.0%) |
| Median Home Value | $344,534 |
| Average Home Value | $358,919 |
Housing Distribution
Address Breakdown
Residential
16,055
Single Family
10,536
Multi-Family
5,519
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices