3401 N 37th St UNIT 12PhoenixAZ85018
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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 3401 N 37th St UNIT 12, Phoenix, AZ, 85018 earns from $2,394/mo rent with a $2,976/mo payment. Total monthly income totals $2,394/mo. ROI tracks 11.06% on current figures, and rental yield reads 4.72% at a $608,000 purchase. Equity gained on principal adds $3,923/yr, and 5% annual appreciation supports $167,979 over five years. Five-year ROI reaches 55.64% and total cumulative return in cash sums $111,303. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Townhouse
Built in 1981
2,439 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85018, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,325 (100%) |
| Owner Occupied HU | 9,981 (54.5%) |
| Renter Occupied HU | 6,698 (36.6%) |
| Vacant Housing Units | 1,646 ( 9.0%) |
| Median Home Value | $886,961 |
| Average Home Value | $1,032,417 |
Housing Distribution
Address Breakdown
Residential
19,315
Single Family
10,934
Multi-Family
8,381
Businesses
1,497
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Listed by: Jasmin K McCallum • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6833734
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010