3119 W Cochise Dr UNIT 114PhoenixAZ85051
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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 114, Phoenix, AZ, 85051 earns $656/mo cash flow from $1,661/mo rent with a $832/mo payment. Total monthly income totals $1,661/mo, and annual cash flow totals $7,874/yr on $56,355 capital. ROI tracks 33.88% on current figures, and rental yield reads 11.72% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 177.48% and total cumulative return in cash sums $100,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,661/mo property income instead of your personal income.
Condo
Built in 1984
873 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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