766 E Rosemonte DrPhoenixAZ85024
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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
Rental property for sale in Phoenix at 766 E Rosemonte Dr, Phoenix, AZ, 85024 offers $2,744/mo rent that, after a $2,153/mo payment, leaves $82/mo cash flow. Total monthly income is $2,744/mo, and annual cash flow is $981/yr on $145,827 cash. Return on cash invested measures 20.58% in year one, and rental yield stands at 7.49% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 106.26% and total cumulative return in cash reaches $154,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,744/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
3,870 sqft lot
$N/A/sqft
$62 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85024, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 7,514 (68.5%) |
| Renter Occupied HU | 2,968 (27.0%) |
| Vacant Housing Units | 493 ( 4.5%) |
| Median Home Value | $461,710 |
| Average Home Value | $480,628 |
Housing Distribution
Address Breakdown
Residential
11,616
Single Family
6,964
Multi-Family
4,652
Businesses
466
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Nearby investment properties with comparable prices
Listed by: Hena Mehmetaj • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6895455
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