750 E Northern Ave UNIT 1089PhoenixAZ85020
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
Investment property for sale in Phoenix at 750 E Northern Ave UNIT 1089, Phoenix, AZ, 85020 listed at $305,000 pairs $1,929/mo rent with a $1,493/mo payment. Total monthly income runs $1,929/mo. Return on cash invested measures 18.45% in year one, and rental yield registers 7.59% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 95.72% and total cumulative return in cash totals $96,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,929/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1992
1,071 sqft lot
$N/A/sqft
$249 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
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Listed by: Bobby H Lieb • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853577
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