7607 N 42nd LnPhoenixAZ85051
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 7607 N 42nd Ln, Phoenix, AZ, 85051 uses $163,430 cash to close to unlock $4,989/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $2,413/mo payment keeps the spread at $416/mo. Purchase price stands at $493,000, and rental yield measures 8.11% with $3,330/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $136,207 over five years. Five-year ROI reaches 118.84% and total cumulative return in cash records $194,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $2,413/mo payment rather than investor’s personal income.
Single Family
Built in 1967
6,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85051, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,262 (100%) |
| Owner Occupied HU | 9,005 (55.4%) |
| Renter Occupied HU | 6,612 (40.7%) |
| Vacant Housing Units | 645 ( 4.0%) |
| Median Home Value | $344,534 |
| Average Home Value | $358,919 |
Housing Distribution
Address Breakdown
Residential
16,055
Single Family
10,536
Multi-Family
5,519
Businesses
737
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Listed by: Klaudio Tuku • Keller Williams Realty Sonoran Living
Mls Name: ARMLS
Mls Provider:
Mls ID: #6805574
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