7853 W Miami StPhoenixAZ85043
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
Rental property for sale in Phoenix at 7853 W Miami St, Phoenix, AZ, 85043 priced at $412,500 converts $2,896/mo rent into $308/mo cash flow after a $2,019/mo obligation. Total monthly income equals $2,896/mo, and annual cash flow totals $3,691/yr on $136,744 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 8.42% against a $412,500 entry. Equity gained on principal adds $2,662/yr, while 5% annual appreciation compiles into $113,966 by year five. Five-year ROI reaches 117.43% and total cumulative return in cash sums $160,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,896/mo property income covering a $2,019/mo payment, not borrower’s personal income.
Single Family
Built in 2021
5,175 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85043, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,377 (100%) |
| Owner Occupied HU | 8,700 (53.1%) |
| Renter Occupied HU | 6,442 (39.3%) |
| Vacant Housing Units | 1,235 ( 7.5%) |
| Median Home Value | $377,621 |
| Average Home Value | $457,998 |
Housing Distribution
Address Breakdown
Residential
11,651
Single Family
6,170
Multi-Family
5,481
Businesses
956
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Listed by: Michelle M Cruz • Success Property Brokers
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853903
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