3633 N 3rd Ave UNIT 1059PhoenixAZ85013
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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 3633 N 3rd Ave UNIT 1059, Phoenix, AZ, 85013 generates $1,550/mo in rent and, after a $1,273/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,550/mo, and annual cash flow is $152/yr on $86,190 invested. Return on cash invested sits at 20.09% in year one, and rental yield is 7.15% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 103.44% and total cumulative return in cash sums $89,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,550/mo property income rather than buyer’s personal income.
Condo
Built in 1999
820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85013, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,735 (100%) |
| Owner Occupied HU | 5,205 (35.3%) |
| Renter Occupied HU | 7,994 (54.3%) |
| Vacant Housing Units | 1,536 (10.4%) |
| Median Home Value | $565,526 |
| Average Home Value | $626,920 |
Housing Distribution
Address Breakdown
Residential
11,594
Single Family
5,564
Multi-Family
6,030
Businesses
592
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