4211 E Palm Ln UNIT 209PhoenixAZ85008
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
Investment Highlights
Investment property for sale in Phoenix at 4211 E Palm Ln UNIT 209, Phoenix, AZ, 85008 listed at $242,900 pairs $1,764/mo rent with a $1,189/mo payment to leave $28/mo cash flow. Total monthly income runs $1,764/mo, and annual cash flow reaches $337/yr on $80,521 cash to close. Return on cash invested measures 20.33% in year one, and rental yield registers 8.71% at a $242,900 basis. Equity gained on principal adds $1,567/yr, and annual property appreciation at 5% supports $67,109 by year five. Five-year ROI tracks 106.41% and total cumulative return in cash totals $85,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,764/mo property income relative to a $1,189/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1985
96 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85008, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 7,679 (31.2%) |
| Renter Occupied HU | 15,306 (62.3%) |
| Vacant Housing Units | 1,591 ( 6.5%) |
| Median Home Value | $414,264 |
| Average Home Value | $456,940 |
Housing Distribution
Address Breakdown
Residential
23,381
Single Family
9,478
Multi-Family
13,903
Businesses
1,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lexi Costa • DeLex Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6769695
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