3316 N 58th DrPhoenixAZ85031
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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 3316 N 58th Dr, Phoenix, AZ, 85031 generates $2,106/mo in rent and, after a $1,463/mo payment, leaves $339/mo in cash flow. Total monthly income is $2,106/mo, and annual cash flow is $4,068/yr on $99,119 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 8.45% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash sums $123,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,106/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
8,891 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85031, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,033 (100%) |
| Owner Occupied HU | 4,736 (59.0%) |
| Renter Occupied HU | 2,948 (36.7%) |
| Vacant Housing Units | 349 ( 4.3%) |
| Median Home Value | $316,994 |
| Average Home Value | $340,740 |
Housing Distribution
Address Breakdown
Residential
8,317
Single Family
6,368
Multi-Family
1,949
Businesses
425
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