3434 E Baseline Rd UNIT 108PhoenixAZ85042
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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 3434 E Baseline Rd UNIT 108, Phoenix, AZ, 85042 generates $1,586/mo in rent, after a $1,185/mo payment. Total monthly income is $1,586/mo. Return on cash invested sits at 18.08% in year one, and rental yield is 7.86% on a $242,200 entry. Equity gained on principal adds $1,563/yr, while 5% annual appreciation builds toward $66,915 over five years. Five-year ROI reaches 94.19% and total cumulative return in cash sums $75,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,586/mo property income rather than buyer’s personal income.
Apartment
Built in 1999
1,035 sqft lot
$N/A/sqft
$277 monthly 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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