3218 N 98th LnPhoenixAZ85037
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
Investment property for sale in Phoenix at 3218 N 98th Ln, Phoenix, AZ, 85037 earns $720/mo cash flow from $3,762/mo rent with a $2,354/mo payment. Total monthly income totals $3,762/mo, and annual cash flow totals $8,640/yr on $159,448 capital. ROI tracks 25.33% on current figures, and rental yield reads 9.39% at a $480,990 purchase. Equity gained on principal adds $3,104/yr, and 5% annual appreciation supports $132,889 over five years. Five-year ROI reaches 132.07% and total cumulative return in cash sums $210,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,762/mo property income instead of your personal income.
Single Family
Built in 2025
5,545 sqft lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
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