6029 N 31st AvePhoenixAZ85017
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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 6029 N 31st Ave, Phoenix, AZ, 85017 earns $364/mo cash flow from $1,915/mo rent with a $1,101/mo payment. Total monthly income totals $1,915/mo, and annual cash flow totals $4,371/yr on $74,588 capital. ROI tracks 25.77% on current figures, and rental yield reads 10.21% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 135.24% and total cumulative return in cash sums $100,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,915/mo property income instead of your personal income.
Townhouse
Built in 1971
2,161 sqft lot
$N/A/sqft
$221 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85017, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 5,252 (42.8%) |
| Renter Occupied HU | 6,048 (49.3%) |
| Vacant Housing Units | 974 ( 7.9%) |
| Median Home Value | $266,505 |
| Average Home Value | $332,390 |
Housing Distribution
Address Breakdown
Residential
11,790
Single Family
6,924
Multi-Family
4,866
Businesses
1,173
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