7119 N 6th AvePhoenixAZ85021
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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 7119 N 6th Ave, Phoenix, AZ, 85021 generates $4,475/mo in rent, after a $5,751/mo payment. Total monthly income is $4,475/mo. Return on cash invested sits at 12.58% in year one, and rental yield is 4.57% on a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 63.09% and total cumulative return in cash sums $240,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,475/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85021, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,096 (100%) |
| Owner Occupied HU | 7,339 (40.6%) |
| Renter Occupied HU | 9,422 (52.1%) |
| Vacant Housing Units | 1,335 ( 7.4%) |
| Median Home Value | $504,448 |
| Average Home Value | $571,329 |
Housing Distribution
Address Breakdown
Residential
17,469
Single Family
8,573
Multi-Family
8,896
Businesses
1,150
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