7126 N 29th DrPhoenixAZ85051
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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 7126 N 29th Dr, Phoenix, AZ, 85051 uses $153,319 cash to close to unlock $7,149/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $2,264/mo payment keeps the spread at $596/mo. Purchase price stands at $462,500, and rental yield measures 8.64% with $3,330/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $127,780 over five years. Five-year ROI reaches 127.48% and total cumulative return in cash records $195,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $2,264/mo payment rather than investor’s personal income.
Single Family
Built in 1981
9,936 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85051, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,262 (100%) |
| Owner Occupied HU | 9,005 (55.4%) |
| Renter Occupied HU | 6,612 (40.7%) |
| Vacant Housing Units | 645 ( 4.0%) |
| Median Home Value | $344,534 |
| Average Home Value | $358,919 |
Housing Distribution
Address Breakdown
Residential
16,055
Single Family
10,536
Multi-Family
5,519
Businesses
737
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Listed by: Ramiro Gonzalez • Prestige Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6773749
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