4209 N 48th AvePhoenixAZ85031
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 4209 N 48th Ave, Phoenix, AZ, 85031 in Phoenix is narrow, $8/mo net on $1,879/mo rent after the $1,596/mo debt service, but the property operates at break-even-plus, not a loss. At $354,900 with a 7.12% yield, the long-run equity case via 5% appreciation ($98,052 over five years) and $3,269/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.18 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $120,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.2% |
| Monthly Cash Flow | $8 | $450 |
City averages based on Phoenix market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,879 |
| Total Monthly Debt Service | $1,957 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1954
6,438 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
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
Single Family
Built in 1954
6,438 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Shaffer • OfferPad Brokerage, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6858286
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