6550 S 24th PlPhoenixAZ85042
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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 6550 S 24th Pl, Phoenix, AZ, 85042 listed at $479,000 pairs $3,151/mo rent with a $2,344/mo payment to leave $131/mo cash flow. Total monthly income runs $3,151/mo, and annual cash flow reaches $1,572/yr on $158,789 cash to close. Return on cash invested measures 20.9% in year one, and rental yield registers 7.89% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 108.33% and total cumulative return in cash totals $172,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,151/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
6,644 sqft lot
$N/A/sqft
$189 monthly 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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