8015 S 29th WayPhoenixAZ85042
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 8015 S 29th Way, Phoenix, AZ, 85042 earns from $3,240/mo rent with a $6,845/mo payment. Total monthly income totals $3,240/mo. ROI tracks 6.79% on current figures, and rental yield reads 2.78% at a $1,398,500 purchase. Equity gained on principal adds $9,024/yr, and 5% annual appreciation supports $386,380 over five years. Five-year ROI reaches 32.09% and total cumulative return in cash sums $145,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.
Single Family
Built in 2002
0.81 Acres lot
$N/A/sqft
$210 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: Hagop Jacob Naldjian • Crown Star Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853983
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