805 N 4th Ave UNIT 208PhoenixAZ85003
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 805 N 4th Ave UNIT 208, Phoenix, AZ, 85003 generates $1,842/mo in rent and, after a $1,463/mo payment, leaves $75/mo in cash flow. Total monthly income is $1,842/mo, and annual cash flow is $900/yr on $99,119 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 7.39% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 107.38% and total cumulative return in cash sums $106,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,842/mo property income rather than buyer’s personal income.
Condo
Built in 1964
69 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85003, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,752 (100%) |
| Owner Occupied HU | 1,676 (19.1%) |
| Renter Occupied HU | 5,543 (63.3%) |
| Vacant Housing Units | 1,533 (17.5%) |
| Median Home Value | $653,116 |
| Average Home Value | $672,072 |
Housing Distribution
Address Breakdown
Residential
6,499
Single Family
2,186
Multi-Family
4,313
Businesses
693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices