475 N 9th St #101PhoenixAZ85006
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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 475 N 9th St #101, Phoenix, AZ, 85006 uses $96,135 cash to close to unlock $434/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,419/mo payment keeps the spread at $36/mo. Purchase price stands at $290,000, and rental yield measures 8.24% with $1,992/mo rent. Return on cash invested shows 20.36% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 106.04% and total cumulative return in cash records $101,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 2020
6,875 sqft lot
$N/A/sqft
$242 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85006, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,555 (100%) |
| Owner Occupied HU | 4,012 (38.0%) |
| Renter Occupied HU | 5,355 (50.7%) |
| Vacant Housing Units | 1,188 (11.3%) |
| Median Home Value | $475,805 |
| Average Home Value | $561,558 |
Housing Distribution
Address Breakdown
Residential
9,599
Single Family
7,111
Multi-Family
2,488
Businesses
788
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