8006 S 38th PlPhoenixAZ85042
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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
Investment property for sale in Phoenix at 8006 S 38th Pl, Phoenix, AZ, 85042 listed at $1,348,000 pairs $5,786/mo rent with a $6,598/mo payment. Total monthly income runs $5,786/mo. Return on cash invested measures 14.14% in year one, and rental yield registers 5.15% at a $1,348,000 basis. Equity gained on principal adds $8,698/yr, and annual property appreciation at 5% supports $372,428 by year five. Five-year ROI tracks 71.55% and total cumulative return in cash totals $312,493. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,786/mo property income relative to a $6,598/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.47 Acres lot
$N/A/sqft
$250 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85042, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,051 (65.6%) |
| Renter Occupied HU | 4,938 (29.3%) |
| Vacant Housing Units | 865 ( 5.1%) |
| Median Home Value | $437,705 |
| Average Home Value | $496,161 |
Housing Distribution
Address Breakdown
Residential
16,608
Single Family
10,960
Multi-Family
5,648
Businesses
431
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Listed by: Beth Jo Zeitzer • R.O.I. Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6745776
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