509 W Villa Rita DrPhoenixAZ85023
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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 509 W Villa Rita Dr, Phoenix, AZ, 85023 priced at $645,000 pairs $3,565/mo rent with after a $3,157/mo payment. Total monthly income equals $3,565/mo. Return on cash invested is 18.56% in year one, and rental yield stands at 6.63% on a $645,000 basis. Equity gained on principal adds $4,162/yr, and 5% annual appreciation accumulates to $178,202 by year five. Five-year ROI measures 95.22% and total cumulative return in cash reaches $202,060. For financing, Ziffy Mortgage’s DSCR program evaluates $3,565/mo property income against a $3,157/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
7,931 sqft lot
$N/A/sqft
$220 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85023, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,096 (100%) |
| Owner Occupied HU | 8,409 (52.2%) |
| Renter Occupied HU | 6,697 (41.6%) |
| Vacant Housing Units | 990 ( 6.2%) |
| Median Home Value | $422,242 |
| Average Home Value | $516,282 |
Housing Distribution
Address Breakdown
Residential
14,656
Single Family
8,414
Multi-Family
6,242
Businesses
446
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