6843 S 9th AvePhoenixAZ85041
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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 6843 S 9th Ave, Phoenix, AZ, 85041 earns $74/mo cash flow from $1,962/mo rent with a $1,468/mo payment. Total monthly income totals $1,962/mo, and annual cash flow totals $888/yr on $99,450 capital. ROI tracks 20.8% on current figures, and rental yield reads 7.85% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 107.75% and total cumulative return in cash sums $107,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,962/mo property income instead of your personal income.
Condo
Built in 2007
1,057 sqft lot
$N/A/sqft
$345 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
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