4507 N 38th StPhoenixAZ85018
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 4507 N 38th St, Phoenix, AZ, 85018 offers a 5.29% rental yield on a $825,000 purchase with $3,637/mo rent. 58% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 73.87% and total cumulative return in cash at $200,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,637/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85018, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,325 (100%) |
| Owner Occupied HU | 9,981 (54.5%) |
| Renter Occupied HU | 6,698 (36.6%) |
| Vacant Housing Units | 1,646 ( 9.0%) |
| Median Home Value | $886,961 |
| Average Home Value | $1,032,417 |
Housing Distribution
Address Breakdown
Residential
19,315
Single Family
10,934
Multi-Family
8,381
Businesses
1,497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices