7240 N Dreamy Draw Dr UNIT 113PhoenixAZ85020
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
Total monthly income runs $2,040/mo, and a $2,544/mo payment. Purchase price stands at $519,700, and rental yield measures 4.71% with $2,040/mo rent. Return on cash invested shows 10.39% in year one, and 5% annual appreciation builds toward $143,584 over five years. Five-year ROI reaches 52.29% and total cumulative return in cash records $89,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $2,544/mo payment rather than investor’s personal income.
Single Family
Built in 1998
3,489 sqft lot
$N/A/sqft
$345 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradley Stewart • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6738480
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