385 W Pierson St UNIT D4PhoenixAZ85013
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 385 W Pierson St UNIT D4, Phoenix, AZ, 85013 in Phoenix at $305,999 earns $1,840/mo in rent and nets $31/mo after the $1,376/mo payment, a 7.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $84,542 over five years. Ziffy Mortgage underwrites this on a 1.34 DSCR without U.S. credit history. With $2,818/yr in principal paydown, total projected return reaches $117,654.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $31 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,840 |
| Total Monthly Debt Service | $1,687 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1974
763 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
Nearby investment properties with comparable rents
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
Townhouse
Built in 1974
763 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices