3637 E Monterosa St UNIT 8PhoenixAZ85018
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3637 E Monterosa St UNIT 8, Phoenix, AZ, 85018 in Phoenix. Rental yield 5.5%. At $360,000 with 5.5% gross yield, current distributions are modest, but the 5% appreciation rate projects $99,461 in new equity by year five, complemented by $3,316/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.12) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $97,527.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.2% |
| Monthly Cash Flow | $(826) | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,809 |
| Total Monthly Debt Service | $2,285 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1970
757 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1970
757 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
