3315 E Cambridge AvePhoenixAZ85008
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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 3315 E Cambridge Ave, Phoenix, AZ, 85008 offers $1,639/mo rent that, after a $1,885/mo payment. Total monthly income is $1,639/mo. Return on cash invested measures 13.92% in year one, and rental yield stands at 5.11% at a $385,200 entry. Equity gained on principal adds $2,486/yr while 5% annual appreciation compounds into $106,424 by year five. Five-year ROI records 70.36% and total cumulative return in cash reaches $89,845. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,639/mo property income versus a $1,885/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
10,014 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85008, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 7,679 (31.2%) |
| Renter Occupied HU | 15,306 (62.3%) |
| Vacant Housing Units | 1,591 ( 6.5%) |
| Median Home Value | $414,264 |
| Average Home Value | $456,940 |
Housing Distribution
Address Breakdown
Residential
23,381
Single Family
9,478
Multi-Family
13,903
Businesses
1,322
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