3131 W Cochise Dr UNIT 144PhoenixAZ85051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3131 W Cochise Dr UNIT 144, Phoenix, AZ, 85051 generates $1,260/mo in rent and, after a $680/mo payment, leaves $439/mo in cash flow. Total monthly income is $1,260/mo, and annual cash flow is $5,264/yr on $46,078 invested. Return on cash invested sits at 31.33% in year one, and rental yield is 10.88% on a $138,999 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 163.77% and total cumulative return in cash sums $75,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.
Condo
Built in 1983
842 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices