3011 E Los Gatos DrPhoenixAZ85050
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
Rental property for sale in Phoenix at 3011 E Los Gatos Dr, Phoenix, AZ, 85050 priced at $1,489,000 pairs $4,042/mo rent with after a $7,288/mo payment. Total monthly income equals $4,042/mo. Return on cash invested is 8.19% in year one, and rental yield stands at 3.26% on a $1,489,000 basis. Equity gained on principal adds $9,608/yr, and 5% annual appreciation accumulates to $411,383 by year five. Five-year ROI measures 39.64% and total cumulative return in cash reaches $191,234. For financing, Ziffy Mortgage’s DSCR program evaluates $4,042/mo property income against a $7,288/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
8,450 sqft lot
$N/A/sqft
$138 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85050, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 10,854 (76.2%) |
| Renter Occupied HU | 2,526 (17.7%) |
| Vacant Housing Units | 863 ( 6.1%) |
| Median Home Value | $617,591 |
| Average Home Value | $657,043 |
Housing Distribution
Address Breakdown
Residential
13,606
Single Family
8,078
Multi-Family
5,528
Businesses
1,090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamra Lee Ulmer • Arizona Resource Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6778677
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