6900 E Princess Dr UNIT 1108PhoenixAZ85054
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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 6900 E Princess Dr UNIT 1108, Phoenix, AZ, 85054 uses $112,710 cash to close to unlock $8,452/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $1,664/mo payment keeps the spread at $704/mo. Purchase price stands at $340,000, and rental yield measures 10.48% with $2,970/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 143.71% and total cumulative return in cash records $161,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
852 sqft lot
$N/A/sqft
$256 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85054, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,393 (100%) |
| Owner Occupied HU | 2,322 (27.7%) |
| Renter Occupied HU | 4,185 (49.9%) |
| Vacant Housing Units | 1,886 (22.5%) |
| Median Home Value | $610,524 |
| Average Home Value | $640,581 |
Housing Distribution
Address Breakdown
Residential
6,925
Single Family
764
Multi-Family
6,161
Businesses
236
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Listed by: Colin Kortie • HAZ Realty, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6915026
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