3630 E Coconino CtPhoenixAZ85044
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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 3630 E Coconino Ct, Phoenix, AZ, 85044 priced at $1,764,888 converts $3,240/mo rent into after a $8,638/mo obligation. Total monthly income equals $3,240/mo. Return on cash invested prints 5% in year one, and rental yield reads 2.2% against a $1,764,888 entry. Equity gained on principal adds $11,389/yr, while 5% annual appreciation compiles into $487,606 by year five. Five-year ROI reaches 22.51% and total cumulative return in cash sums $128,691. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $8,638/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1.02 Acres lot
$N/A/sqft
$448 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85044, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,410 (100%) |
| Owner Occupied HU | 10,776 (58.5%) |
| Renter Occupied HU | 6,738 (36.6%) |
| Vacant Housing Units | 896 ( 4.9%) |
| Median Home Value | $486,226 |
| Average Home Value | $557,368 |
Housing Distribution
Address Breakdown
Residential
18,063
Single Family
11,984
Multi-Family
6,079
Businesses
721
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Listed by: Jared A English • Congress Realty, Inc.
Mls Name: ARMLS
Mls Provider:
Mls ID: #6836993
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