4141 N 31st St UNIT 431PhoenixAZ85016
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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 4141 N 31st St UNIT 431, Phoenix, AZ, 85016 generates $1,644/mo in rent and, after a $1,025/mo payment, leaves $43/mo in cash flow. Total monthly income is $1,644/mo, and annual cash flow is $516/yr on $69,449 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 9.42% on a $209,500 entry. Equity gained on principal adds $1,352/yr, while 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 108.83% and total cumulative return in cash sums $75,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Apartment
Built in 1984
79 sqft lot
$N/A/sqft
$363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85016, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,297 (100%) |
| Owner Occupied HU | 9,257 (43.5%) |
| Renter Occupied HU | 9,498 (44.6%) |
| Vacant Housing Units | 2,542 (11.9%) |
| Median Home Value | $625,388 |
| Average Home Value | $702,882 |
Housing Distribution
Address Breakdown
Residential
20,383
Single Family
8,164
Multi-Family
12,219
Businesses
2,170
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Listed by: Katherine Fox • The Brokery
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853659
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