4408 N 29th AvePhoenixAZ85017
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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 4408 N 29th Ave, Phoenix, AZ, 85017 offers a 6.07% rental yield on a $304,995 purchase with $1,543/mo rent. 82% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,265 over five years. Portfolio math shows five-year ROI at 85.93% and total cumulative return in cash at $86,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,543/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,303 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85017, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 5,252 (42.8%) |
| Renter Occupied HU | 6,048 (49.3%) |
| Vacant Housing Units | 974 ( 7.9%) |
| Median Home Value | $266,505 |
| Average Home Value | $332,390 |
Housing Distribution
Address Breakdown
Residential
11,790
Single Family
6,924
Multi-Family
4,866
Businesses
1,173
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Listed by: Spencer Marmaro • Limitless Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6871792
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