3646 N 69th Ave UNIT 59PhoenixAZ85033
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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
Investment property for sale in Phoenix at 3646 N 69th Ave UNIT 59, Phoenix, AZ, 85033 uses $62,322 cash to close to unlock $4,306/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $1,470/mo, and a $920/mo payment keeps the spread at $359/mo. Purchase price stands at $188,000, and rental yield measures 9.38% with $1,470/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 139.53% and total cumulative return in cash records $86,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,470/mo property income covering a $920/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
1,725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85033, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,115 (100%) |
| Owner Occupied HU | 8,646 (57.2%) |
| Renter Occupied HU | 5,988 (39.6%) |
| Vacant Housing Units | 481 ( 3.2%) |
| Median Home Value | $300,154 |
| Average Home Value | $344,944 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,478
Multi-Family
3,456
Businesses
532
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