522 W Roosevelt StPhoenixAZ85003
Nearby investment properties with comparable rents
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 522 W Roosevelt St, Phoenix, AZ, 85003 priced at $948,900 converts $6,000/mo rent into $391/mo cash flow after a $4,644/mo obligation. Total monthly income equals $6,000/mo, and annual cash flow totals $4,695/yr on $312,188 invested. Return on cash invested prints 21.56% in year one, and rental yield reads 7.59% against a $948,900 entry. Equity gained on principal adds $6,123/yr, while 5% annual appreciation compiles into $262,164 by year five. Five-year ROI reaches 111.32% and total cumulative return in cash sums $347,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $4,644/mo payment, not borrower’s personal income.
Single Family
Built in 1914
10,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85003, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,752 (100%) |
| Owner Occupied HU | 1,676 (19.1%) |
| Renter Occupied HU | 5,543 (63.3%) |
| Vacant Housing Units | 1,533 (17.5%) |
| Median Home Value | $653,116 |
| Average Home Value | $672,072 |
Housing Distribution
Address Breakdown
Residential
6,499
Single Family
2,186
Multi-Family
4,313
Businesses
693
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Nearby investment properties with comparable prices
Listed by: Mario T Romero • The Melcher Agency
Mls Name: ARMLS
Mls Provider:
Mls ID: #6801329
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