802 W Edgemont AvePhoenixAZ85007
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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 802 W Edgemont Ave, Phoenix, AZ, 85007 uses $140,888 cash to close to unlock $4,503/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $2,080/mo payment keeps the spread at $375/mo. Purchase price stands at $425,000, and rental yield measures 8.18% with $2,898/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash records $168,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1950
9,622 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85007, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 2,392 (40.6%) |
| Renter Occupied HU | 2,905 (49.4%) |
| Vacant Housing Units | 589 (10.0%) |
| Median Home Value | $499,256 |
| Average Home Value | $568,905 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
3,937
Multi-Family
1,481
Businesses
838
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