3023 W Calavar RdPhoenixAZ85053
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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 3023 W Calavar Rd, Phoenix, AZ, 85053 generates $2,086/mo in rent and, after a $1,542/mo payment, leaves $96/mo in cash flow. Total monthly income is $2,086/mo, and annual cash flow is $1,149/yr on $104,422 invested. Return on cash invested sits at 21.01% in year one, and rental yield is 7.95% on a $314,999 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,028 over five years. Five-year ROI reaches 108.92% and total cumulative return in cash sums $113,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
3,267 sqft lot
$N/A/sqft
$128 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85053, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,803 (100%) |
| Owner Occupied HU | 7,267 (61.6%) |
| Renter Occupied HU | 4,140 (35.1%) |
| Vacant Housing Units | 396 ( 3.4%) |
| Median Home Value | $393,135 |
| Average Home Value | $427,438 |
Housing Distribution
Address Breakdown
Residential
11,607
Single Family
8,085
Multi-Family
3,522
Businesses
501
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Listed by: Sarah Germinaro • Iannelli and Associates
Mls Name: ARMLS
Mls Provider:
Mls ID: #6841495
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