717 E Palmaire AvePhoenixAZ85020
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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 717 E Palmaire Ave, Phoenix, AZ, 85020 offers $3,446/mo rent that, after a $2,849/mo payment, leaves $5/mo cash flow. Total monthly income is $3,446/mo, and annual cash flow is $62/yr on $191,511 cash. Return on cash invested measures 20.09% in year one, and rental yield stands at 7.1% at a $582,100 entry. Equity gained on principal adds $3,756/yr while 5% annual appreciation compounds into $160,824 by year five. Five-year ROI records 103.44% and total cumulative return in cash reaches $198,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,446/mo property income versus a $2,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85020, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,813 (100%) |
| Owner Occupied HU | 9,883 (55.5%) |
| Renter Occupied HU | 6,502 (36.5%) |
| Vacant Housing Units | 1,428 ( 8.0%) |
| Median Home Value | $543,651 |
| Average Home Value | $606,079 |
Housing Distribution
Address Breakdown
Residential
17,288
Single Family
10,808
Multi-Family
6,480
Businesses
1,169
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