3119 W Cochise Dr UNIT 109PhoenixAZ85051
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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
Investment property for sale in Phoenix at 3119 W Cochise Dr UNIT 109, Phoenix, AZ, 85051 uses $59,339 cash to close to unlock $2,424/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $876/mo payment keeps the spread at $202/mo. Purchase price stands at $179,000, and rental yield measures 8.45% with $1,260/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash records $73,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $876/mo payment rather than investor’s personal income.
Condo
Built in 1984
880 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
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