3830 E Lakewood Pkwy E APT 2105PhoenixAZ85048
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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 3830 E Lakewood Pkwy E APT 2105, Phoenix, AZ, 85048 earns from $2,032/mo rent with a $1,456/mo payment. Total monthly income totals $2,032/mo. ROI tracks 19.38% on current figures, and rental yield reads 8.2% at a $297,500 purchase. Equity gained on principal adds $1,920/yr, and 5% annual appreciation supports $82,194 over five years. Five-year ROI reaches 101.06% and total cumulative return in cash sums $99,667. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,032/mo property income instead of your personal income.
Apartment
Built in 1995
1,056 sqft lot
$N/A/sqft
$317 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85048, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,216 (100%) |
| Owner Occupied HU | 10,192 (71.7%) |
| Renter Occupied HU | 3,357 (23.6%) |
| Vacant Housing Units | 667 ( 4.7%) |
| Median Home Value | $589,626 |
| Average Home Value | $656,793 |
Housing Distribution
Address Breakdown
Residential
13,945
Single Family
10,306
Multi-Family
3,639
Businesses
468
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Listed by: Deborah Lynn Hoskinson • Condominium Rental Srvc
Mls Name: ARMLS
Mls Provider:
Mls ID: #6772347
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