4232 W Nicolet AvePhoenixAZ85051
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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
Rental property for sale in Phoenix at 4232 W Nicolet Ave, Phoenix, AZ, 85051 offers $3,330/mo rent that, after a $2,117/mo payment, leaves $773/mo cash flow. Total monthly income is $3,330/mo, and annual cash flow is $9,279/yr on $143,374 cash. Return on cash invested measures 26.38% in year one, and rental yield stands at 9.24% at a $432,500 entry. Equity gained on principal adds $2,791/yr while 5% annual appreciation compounds into $119,492 by year five. Five-year ROI records 137.2% and total cumulative return in cash reaches $196,711. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,330/mo property income versus a $2,117/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85051, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,262 (100%) |
| Owner Occupied HU | 9,005 (55.4%) |
| Renter Occupied HU | 6,612 (40.7%) |
| Vacant Housing Units | 645 ( 4.0%) |
| Median Home Value | $344,534 |
| Average Home Value | $358,919 |
Housing Distribution
Address Breakdown
Residential
16,055
Single Family
10,536
Multi-Family
5,519
Businesses
737
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Nearby investment properties with comparable prices
Listed by: Alexandria Brescia • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6780720
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