4041 N 56th AvePhoenixAZ85031
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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 4041 N 56th Ave, Phoenix, AZ, 85031 uses $114,666 cash to close to unlock $9,460/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $2,833/mo, and a $1,693/mo payment keeps the spread at $788/mo. Purchase price stands at $345,900, and rental yield measures 9.83% with $2,833/mo rent. Return on cash invested shows 28.16% in year one, and 5% annual appreciation builds toward $95,566 over five years. Five-year ROI reaches 146.74% and total cumulative return in cash records $168,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,833/mo property income covering a $1,693/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,468 sqft lot
$N/A/sqft
No 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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