5425 N Black Canyon HwyPhoenixAZ85015
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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 5425 N Black Canyon Hwy, Phoenix, AZ, 85015 priced at $132,000 converts $1,023/mo rent into after a $646/mo obligation. Total monthly income equals $1,023/mo. Return on cash invested prints 13.68% in year one, and rental yield reads 9.3% against a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation compiles into $36,469 by year five. Five-year ROI reaches 73.76% and total cumulative return in cash sums $32,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,023/mo property income covering a $646/mo payment, not borrower’s personal income.
Apartment
Built in 1963
500 sqft lot
$N/A/sqft
$470 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85015, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 6,225 (35.2%) |
| Renter Occupied HU | 10,034 (56.8%) |
| Vacant Housing Units | 1,418 ( 8.0%) |
| Median Home Value | $418,594 |
| Average Home Value | $512,861 |
Housing Distribution
Address Breakdown
Residential
16,504
Single Family
8,707
Multi-Family
7,797
Businesses
894
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Listed by: Jon T Sherwood • Crossroads Brokerage
Mls Name: ARMLS
Mls Provider:
Mls ID: #6766555
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