6943 W Virginia AvePhoenixAZ85035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6943 W Virginia Ave, Phoenix, AZ, 85035 with 5% annual appreciation on a $383,900 basis while $2,190/mo rent supports operations. 16% in year one. Equity gained on principal adds $2,477/yr, and five-year appreciation sums $106,064 alongside rental yield of 6.85%. Five-year ROI measures 98.47% and total cumulative return in cash totals $125,317. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,190/mo property income versus a $1,879/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
7,070 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85035, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,789 (100%) |
| Owner Occupied HU | 6,863 (49.8%) |
| Renter Occupied HU | 6,252 (45.3%) |
| Vacant Housing Units | 674 ( 4.9%) |
| Median Home Value | $265,008 |
| Average Home Value | $341,796 |
Housing Distribution
Address Breakdown
Residential
15,055
Single Family
8,195
Multi-Family
6,860
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adriana Wendler • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6786113
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