3428 E Renee DrPhoenixAZ85050
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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 3428 E Renee Dr, Phoenix, AZ, 85050 generates $2,436/mo in rent, after a $2,545/mo payment. Total monthly income is $2,436/mo. Return on cash invested sits at 15.05% in year one, and rental yield is 5.62% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 76.58% and total cumulative return in cash sums $130,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,436/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
3,062 sqft lot
$N/A/sqft
$230 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85050, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,243 (100%) |
| Owner Occupied HU | 10,854 (76.2%) |
| Renter Occupied HU | 2,526 (17.7%) |
| Vacant Housing Units | 863 ( 6.1%) |
| Median Home Value | $617,591 |
| Average Home Value | $657,043 |
Housing Distribution
Address Breakdown
Residential
13,606
Single Family
8,078
Multi-Family
5,528
Businesses
1,090
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Listed by: Brian C Horton • Mainstay Brokerage
Mls Name: ARMLS
Mls Provider:
Mls ID: #6884471
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