749 E Montebello Ave UNIT 233PhoenixAZ85014
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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 749 E Montebello Ave UNIT 233, Phoenix, AZ, 85014 listed at $275,000 pairs $2,662/mo rent with a $1,346/mo payment to leave $1,036/mo cash flow. Total monthly income runs $2,662/mo, and annual cash flow reaches $12,437/yr on $91,163 cash to close. Return on cash invested measures 33.55% in year one, and rental yield registers 11.62% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 175.66% and total cumulative return in cash totals $160,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,662/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1971
59 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85014, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,930 (100%) |
| Owner Occupied HU | 5,561 (34.9%) |
| Renter Occupied HU | 8,676 (54.5%) |
| Vacant Housing Units | 1,693 (10.6%) |
| Median Home Value | $548,222 |
| Average Home Value | $621,028 |
Housing Distribution
Address Breakdown
Residential
14,372
Single Family
6,636
Multi-Family
7,736
Businesses
1,116
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