310 S 4th St UNIT 707PhoenixAZ85004
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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
Total monthly income runs $2,855/mo, and a $1,958/mo payment. Purchase price stands at $399,999, and rental yield measures 8.57% with $2,855/mo rent. Return on cash invested shows 18.65% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 97.82% and total cumulative return in cash records $129,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,855/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Apartment
Built in 2007
1,160 sqft lot
$N/A/sqft
$629 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85004, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,205 (100%) |
| Owner Occupied HU | 1,131 (13.8%) |
| Renter Occupied HU | 5,518 (67.3%) |
| Vacant Housing Units | 1,556 (19.0%) |
| Median Home Value | $593,600 |
| Average Home Value | $660,424 |
Housing Distribution
Address Breakdown
Residential
7,928
Single Family
740
Multi-Family
7,188
Businesses
1,192
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Listed by: Farah Sutton • The Network for Arizona Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6840564
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