3830 W Rovey AvePhoenixAZ85019
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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
Rental property for sale in Phoenix at 3830 W Rovey Ave, Phoenix, AZ, 85019 priced at $349,990 converts $1,978/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,978/mo. Return on cash invested prints 18.97% in year one, and rental yield reads 6.78% against a $349,990 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,696 by year five. Five-year ROI reaches 97.47% and total cumulative return in cash sums $113,087. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,978/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1959
6,543 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85019, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,412 (100%) |
| Owner Occupied HU | 4,643 (49.3%) |
| Renter Occupied HU | 4,361 (46.3%) |
| Vacant Housing Units | 408 ( 4.3%) |
| Median Home Value | $305,775 |
| Average Home Value | $310,300 |
Housing Distribution
Address Breakdown
Residential
8,085
Single Family
6,105
Multi-Family
1,980
Businesses
537
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Listed by: Brenda Martinez Ventura • A.Z. & Associates
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854537
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