5350 E Deer Valley Dr UNIT 2403PhoenixAZ85054
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
Investment property for sale in Phoenix at 5350 E Deer Valley Dr UNIT 2403, Phoenix, AZ, 85054 earns from $2,233/mo rent with a $1,664/mo payment. Total monthly income totals $2,233/mo. ROI tracks 15.88% on current figures, and rental yield reads 7.88% at a $339,990 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,933 over five years. Five-year ROI reaches 83.2% and total cumulative return in cash sums $93,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,233/mo property income instead of your personal income.
Apartment
Built in 2008
806 sqft lot
$N/A/sqft
$602 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85054, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,393 (100%) |
| Owner Occupied HU | 2,322 (27.7%) |
| Renter Occupied HU | 4,185 (49.9%) |
| Vacant Housing Units | 1,886 (22.5%) |
| Median Home Value | $610,524 |
| Average Home Value | $640,581 |
Housing Distribution
Address Breakdown
Residential
6,925
Single Family
764
Multi-Family
6,161
Businesses
236
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Listed by: Jonathan Knutson • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6802348
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