6633 N Majorca Way WPhoenixAZ85016
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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 6633 N Majorca Way W, Phoenix, AZ, 85016 priced at $425,000 converts $2,197/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,197/mo. Return on cash invested prints 15.57% in year one, and rental yield reads 6.2% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 79.81% and total cumulative return in cash sums $112,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,197/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1971
2,605 sqft lot
$N/A/sqft
$194 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85016, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,297 (100%) |
| Owner Occupied HU | 9,257 (43.5%) |
| Renter Occupied HU | 9,498 (44.6%) |
| Vacant Housing Units | 2,542 (11.9%) |
| Median Home Value | $625,388 |
| Average Home Value | $702,882 |
Housing Distribution
Address Breakdown
Residential
20,383
Single Family
8,164
Multi-Family
12,219
Businesses
2,170
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Listed by: Alexandra Maria Komichak • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6845110
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