3646 N 69th Ave UNIT 60PhoenixAZ85033
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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 60, Phoenix, AZ, 85033 uses $72,433 cash to close to unlock $6,838/yr annual cash flow and $570/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,069/mo payment keeps the spread at $570/mo. Purchase price stands at $218,500, and rental yield measures 10.87% with $1,980/mo rent. Return on cash invested shows 29.35% in year one, and 5% annual appreciation builds toward $60,368 over five years. Five-year ROI reaches 153.8% and total cumulative return in cash records $111,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,069/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
1,934 sqft lot
$N/A/sqft
$119 monthly 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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Listed by: Alexander M Prewitt • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #6771278
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