475 N 9th St #310PhoenixAZ85006
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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
Rental property for sale in Phoenix at 475 N 9th St #310, Phoenix, AZ, 85006 generates $1,604/mo in rent, after a $1,566/mo payment. Total monthly income is $1,604/mo. Return on cash invested sits at 13.92% in year one, and rental yield is 6.02% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 71.35% and total cumulative return in cash sums $75,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,604/mo property income rather than buyer’s personal income.
Apartment
Built in 2020
820 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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Listed by: Richard F Barker • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6684056
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