3133 E Redwood CtPhoenixAZ85048
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.4% yield at 3133 E Redwood Ct, Phoenix, AZ, 85048 in Phoenix is solid, but the $2,331/mo payment compresses net cash flow to $34/mo at $518,400. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $143,224 by year five, and $4,775/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.37) without U.S. income documentation. Total projected return: $198,549.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $34 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,198 |
| Total Monthly Debt Service | $2,958 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
6,090 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85048, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,216 (100%) |
| Owner Occupied HU | 10,192 (71.7%) |
| Renter Occupied HU | 3,357 (23.6%) |
| Vacant Housing Units | 667 ( 4.7%) |
| Median Home Value | $589,626 |
| Average Home Value | $656,793 |
Housing Distribution
Address Breakdown
Residential
13,945
Single Family
10,306
Multi-Family
3,639
Businesses
468
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
Single Family
Built in 1991
6,090 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85048, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,216 (100%) |
| Owner Occupied HU | 10,192 (71.7%) |
| Renter Occupied HU | 3,357 (23.6%) |
| Vacant Housing Units | 667 ( 4.7%) |
| Median Home Value | $589,626 |
| Average Home Value | $656,793 |
Housing Distribution
Address Breakdown
Residential
13,945
Single Family
10,306
Multi-Family
3,639
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices