4750 N Central Ave UNIT 1NPhoenixAZ85012
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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
Total monthly income runs $1,640/mo, and a $920/mo payment. Purchase price stands at $188,000, and rental yield measures 10.47% with $1,640/mo rent. Return on cash invested shows 12.07% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 66.96% and total cumulative return in cash records $41,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $920/mo payment rather than investor’s personal income.
Apartment
Built in 1963
655 sqft lot
$N/A/sqft
$936 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85012, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,166 (100%) |
| Owner Occupied HU | 1,760 (34.1%) |
| Renter Occupied HU | 2,836 (54.9%) |
| Vacant Housing Units | 570 (11.0%) |
| Median Home Value | $782,907 |
| Average Home Value | $827,563 |
Housing Distribution
Address Breakdown
Residential
5,419
Single Family
1,628
Multi-Family
3,791
Businesses
1,048
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Listed by: Coleen Beauvais • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6840035
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