4820 N 89th Ave UNIT 45PhoenixAZ85037
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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
Rental property for sale in Phoenix at 4820 N 89th Ave UNIT 45, Phoenix, AZ, 85037 generates $1,542/mo in rent and, after a $1,072/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,542/mo, and annual cash flow is $436/yr on $72,599 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 8.45% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 107.01% and total cumulative return in cash sums $77,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,542/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
90 sqft lot
$N/A/sqft
$211 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
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Listed by: G. W Galloway • Galloway & Associates
Mls Name: ARMLS
Mls Provider:
Mls ID: #6842945
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