500 W Clarendon Ave UNIT D6PhoenixAZ85013
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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 W Clarendon Ave UNIT D6, Phoenix, AZ, 85013 earns $752/mo cash flow from $1,928/mo rent with a $974/mo payment. Total monthly income totals $1,928/mo, and annual cash flow totals $9,020/yr on $65,969 capital. ROI tracks 33.58% on current figures, and rental yield reads 11.63% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 175.8% and total cumulative return in cash sums $115,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,928/mo property income instead of your personal income.
Condo
Built in 1962
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85013, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,735 (100%) |
| Owner Occupied HU | 5,205 (35.3%) |
| Renter Occupied HU | 7,994 (54.3%) |
| Vacant Housing Units | 1,536 (10.4%) |
| Median Home Value | $565,526 |
| Average Home Value | $626,920 |
Housing Distribution
Address Breakdown
Residential
11,594
Single Family
5,564
Multi-Family
6,030
Businesses
592
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