5122 N 31st Way UNIT 227PhoenixAZ85016
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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
Investment property for sale in Phoenix at 5122 N 31st Way UNIT 227, Phoenix, AZ, 85016 listed at $425,000 pairs $2,772/mo rent with a $2,080/mo payment. Total monthly income runs $2,772/mo. Return on cash invested measures 15.23% in year one, and rental yield registers 7.83% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 79.88% and total cumulative return in cash totals $112,541. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,772/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1981
1,321 sqft lot
$N/A/sqft
$809 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85016, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,297 (100%) |
| Owner Occupied HU | 9,257 (43.5%) |
| Renter Occupied HU | 9,498 (44.6%) |
| Vacant Housing Units | 2,542 (11.9%) |
| Median Home Value | $625,388 |
| Average Home Value | $702,882 |
Housing Distribution
Address Breakdown
Residential
20,383
Single Family
8,164
Multi-Family
12,219
Businesses
2,170
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Listed by: Michael L Braden • Berkshire Hathaway HomeServices Arizona Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6751225
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