3137 N 37th DrPhoenixAZ85019
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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 3137 N 37th Dr, Phoenix, AZ, 85019 uses $103,428 cash to close to unlock $6,670/yr annual cash flow and $556/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,527/mo payment keeps the spread at $556/mo. Purchase price stands at $312,000, and rental yield measures 9.23% with $2,400/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 137.06% and total cumulative return in cash records $141,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,527/mo payment rather than investor’s personal income.
Single Family
Built in 1958
7,153 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85019, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 4,643 (49.3%) |
| Renter Occupied HU | 4,361 (46.3%) |
| Vacant Housing Units | 408 ( 4.3%) |
| Median Home Value | $305,775 |
| Average Home Value | $310,300 |
Housing Distribution
Address Breakdown
Residential
8,085
Single Family
6,105
Multi-Family
1,980
Businesses
537
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