6421 S 23rd StPhoenixAZ85042
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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 6421 S 23rd St, Phoenix, AZ, 85042 uses $172,725 cash to close to unlock $1,635/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $3,240/mo, and a $2,570/mo payment keeps the spread at $136/mo. Purchase price stands at $525,000, and rental yield measures 7.41% with $3,240/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 108.34% and total cumulative return in cash records $187,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Multi Family
Built in 2025
6,633 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85042, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,051 (65.6%) |
| Renter Occupied HU | 4,938 (29.3%) |
| Vacant Housing Units | 865 ( 5.1%) |
| Median Home Value | $437,705 |
| Average Home Value | $496,161 |
Housing Distribution
Address Breakdown
Residential
16,608
Single Family
10,960
Multi-Family
5,648
Businesses
431
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