46312 N 38th AvePhoenixAZ85087
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 46312 N 38th Ave, Phoenix, AZ, 85087 listed at $550,000 pairs $2,538/mo rent with a $2,692/mo payment. Total monthly income runs $2,538/mo. Return on cash invested measures 15.33% in year one, and rental yield registers 5.54% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 77.89% and total cumulative return in cash totals $140,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,538/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85087, New River, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,255 (100%) |
| Owner Occupied HU | 3,498 (82.2%) |
| Renter Occupied HU | 299 ( 7.0%) |
| Vacant Housing Units | 458 (10.8%) |
| Median Home Value | $594,491 |
| Average Home Value | $660,770 |
Housing Distribution
Address Breakdown
Residential
3,817
Single Family
2,454
Multi-Family
1,363
Businesses
286
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Listed by: Shelly L Baumer • DPR Realty LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6803495
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