5350 E Deer Valley Dr UNIT 2408PhoenixAZ85054
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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 5350 E Deer Valley Dr UNIT 2408, Phoenix, AZ, 85054 uses $144,169 cash to close to unlock $4,978/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,986/mo, and a $2,129/mo payment keeps the spread at $415/mo. Purchase price stands at $434,900, and rental yield measures 8.24% with $2,986/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 121% and total cumulative return in cash records $174,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,986/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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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