622 N 68th Ln #147PhoenixAZ85043
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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 622 N 68th Ln #147, Phoenix, AZ, 85043 generates $1,091/mo in rent and, after a $665/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,091/mo, and annual cash flow is $3,454/yr on $45,051 invested. Return on cash invested sits at 27.58% in year one, and rental yield is 9.63% on a $135,900 entry. Equity gained on principal adds $877/yr, while 5% annual appreciation builds toward $37,547 over five years. Five-year ROI reaches 143.61% and total cumulative return in cash sums $64,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,091/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85043, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,377 (100%) |
| Owner Occupied HU | 8,700 (53.1%) |
| Renter Occupied HU | 6,442 (39.3%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $377,621 |
| Average Home Value | $457,998 |
Housing Distribution
Address Breakdown
Residential
11,651
Single Family
6,170
Multi-Family
5,481
Businesses
956
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