717 E State 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
Investment property for sale in Phoenix at 717 E State Ave, Phoenix, AZ, 85020 at $609,900 posts ROI 11.76% with from $2,217/mo rent. Total monthly income equals $2,217/mo. Return on cash invested measures 11.76% and rental yield reads 4.36% at the current $609,900. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,504 by year five. Five-year ROI prints 58.73% and total cumulative return in cash totals $117,852. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,217/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,484 sqft 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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Listed by: Paul Arnold • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6858131
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