4607 S 23rd WayPhoenixAZ85040
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 4607 S 23rd Way, Phoenix, AZ, 85040 earns $521/mo cash flow from $3,106/mo rent with a $2,120/mo payment. Total monthly income totals $3,106/mo, and annual cash flow totals $6,254/yr on $143,573 capital. ROI tracks 24.26% on current figures, and rental yield reads 8.61% at a $433,100 purchase. Equity gained on principal adds $2,795/yr, and 5% annual appreciation supports $119,658 over five years. Five-year ROI reaches 125.93% and total cumulative return in cash sums $180,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,106/mo property income instead of your personal income.
Single Family
Built in 2023
9,845 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85040, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,360 (100%) |
| Owner Occupied HU | 5,938 (48.0%) |
| Renter Occupied HU | 5,603 (45.3%) |
| Vacant Housing Units | 819 ( 6.6%) |
| Median Home Value | $346,113 |
| Average Home Value | $421,162 |
Housing Distribution
Address Breakdown
Residential
11,274
Single Family
7,244
Multi-Family
4,030
Businesses
2,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices