6900 E Princess Dr UNIT 2183PhoenixAZ85054
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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 2183, Phoenix, AZ, 85054 earns $371/mo cash flow from $2,770/mo rent with a $1,806/mo payment. Total monthly income totals $2,770/mo, and annual cash flow totals $4,451/yr on $122,290 capital. ROI tracks 23.55% on current figures, and rental yield reads 9.01% at a $368,900 purchase. Equity gained on principal adds $2,380/yr, and 5% annual appreciation supports $101,920 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash sums $150,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,770/mo property income instead of your personal income.
Apartment
Built in 2003
959 sqft lot
$N/A/sqft
$218 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: Karen Hanson • Devstar Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6789610
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