3655 N 5th Ave UNIT 203PhoenixAZ85013
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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 3655 N 5th Ave UNIT 203, Phoenix, AZ, 85013 uses $107,738 cash to close to unlock $79/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $1,591/mo payment keeps the spread at $7/mo. Purchase price stands at $325,000, and rental yield measures 7.12% with $1,928/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 102.87% and total cumulative return in cash records $110,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 1962
1,394 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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