3016 N 37th StPhoenixAZ85018
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3016 N 37th St, Phoenix, AZ, 85018 in Phoenix is capital appreciation. Rental yield 1.13%. The 1.13% gross yield at $1,995,624 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $551,354 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.21) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $116,427.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.1% | 6.2% |
| Monthly Cash Flow | $(9,912) | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,884 |
| Total Monthly Debt Service | $11,002 |
| DSCR Ratio | 0.17x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85018, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,325 (100%) |
| Owner Occupied HU | 9,981 (54.5%) |
| Renter Occupied HU | 6,698 (36.6%) |
| Vacant Housing Units | 1,646 ( 9.0%) |
| Median Home Value | $886,961 |
| Average Home Value | $1,032,417 |
Housing Distribution
Address Breakdown
Residential
19,315
Single Family
10,934
Multi-Family
8,381
Businesses
1,497
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
Multi Family
Built in 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85018, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,325 (100%) |
| Owner Occupied HU | 9,981 (54.5%) |
| Renter Occupied HU | 6,698 (36.6%) |
| Vacant Housing Units | 1,646 ( 9.0%) |
| Median Home Value | $886,961 |
| Average Home Value | $1,032,417 |
Housing Distribution
Address Breakdown
Residential
19,315
Single Family
10,934
Multi-Family
8,381
Businesses
1,497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices