3131 N Central Ave #3009PhoenixAZ85012
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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 3131 N Central Ave #3009, Phoenix, AZ, 85012 offers a 7.61% rental yield on a $469,000 purchase with $2,974/mo rent. Total monthly income registers $2,974/mo, and a $2,296/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,414/yr on $155,474 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 110.82% and total cumulative return in cash at $172,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,974/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
1,472 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85012, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,166 (100%) |
| Owner Occupied HU | 1,760 (34.1%) |
| Renter Occupied HU | 2,836 (54.9%) |
| Vacant Housing Units | 570 (11.0%) |
| Median Home Value | $782,907 |
| Average Home Value | $827,563 |
Housing Distribution
Address Breakdown
Residential
5,419
Single Family
1,628
Multi-Family
3,791
Businesses
1,048
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