328 E La Mirada DrPhoenixAZ85042
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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
Rental property for sale in Phoenix at 328 E La Mirada Dr, Phoenix, AZ, 85042 priced at $330,000 converts $2,208/mo rent into $258/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,208/mo, and annual cash flow totals $3,090/yr on $109,395 invested. Return on cash invested prints 22.73% in year one, and rental yield reads 8.03% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 117.63% and total cumulative return in cash sums $128,687. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,208/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85042, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,051 (65.6%) |
| Renter Occupied HU | 4,938 (29.3%) |
| Vacant Housing Units | 865 ( 5.1%) |
| Median Home Value | $437,705 |
| Average Home Value | $496,161 |
Housing Distribution
Address Breakdown
Residential
16,608
Single Family
10,960
Multi-Family
5,648
Businesses
431
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