3840 N 43rd Ave APT 73PhoenixAZ85031
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Nearby investment properties with comparable prices
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 3840 N 43rd Ave APT 73, Phoenix, AZ, 85031 generates $1,310/mo in rent, after a $827/mo payment. Total monthly income is $1,310/mo. Return on cash invested sits at 19.29% in year one, and rental yield is 9.3% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 101.86% and total cumulative return in cash sums $57,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,310/mo property income rather than buyer’s personal income.
Townhouse
Built in 1975
590 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85031, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,033 (100%) |
| Owner Occupied HU | 4,736 (59.0%) |
| Renter Occupied HU | 2,948 (36.7%) |
| Vacant Housing Units | 349 ( 4.3%) |
| Median Home Value | $316,994 |
| Average Home Value | $340,740 |
Housing Distribution
Address Breakdown
Residential
8,317
Single Family
6,368
Multi-Family
1,949
Businesses
425
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Listed by: Artem G Grigoryan • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6765781
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