500 N 67th Ave #198PhoenixAZ85043
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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 500 N 67th Ave #198, Phoenix, AZ, 85043 uses $43,924 cash to close to unlock $3,183/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $1,049/mo, and a $649/mo payment keeps the spread at $265/mo. Purchase price stands at $132,500, and rental yield measures 9.5% with $1,049/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 141.45% and total cumulative return in cash records $62,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,049/mo property income covering a $649/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85043, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,377 (100%) |
| Owner Occupied HU | 8,700 (53.1%) |
| Renter Occupied HU | 6,442 (39.3%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $377,621 |
| Average Home Value | $457,998 |
Housing Distribution
Address Breakdown
Residential
11,651
Single Family
6,170
Multi-Family
5,481
Businesses
956
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Listed by: Herb L Westmoreland • Best Homes Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6811922
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