8114 W Fairmount AvePhoenixAZ85033
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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 8114 W Fairmount Ave, Phoenix, AZ, 85033 offers a 7.16% rental yield on a $330,000 purchase with $1,969/mo rent. Total monthly income registers $1,969/mo, and a $1,615/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $222/yr on $109,395 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 103.57% and total cumulative return in cash at $113,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,969/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,425 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85033, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,115 (100%) |
| Owner Occupied HU | 8,646 (57.2%) |
| Renter Occupied HU | 5,988 (39.6%) |
| Vacant Housing Units | 481 ( 3.2%) |
| Median Home Value | $300,154 |
| Average Home Value | $344,944 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,478
Multi-Family
3,456
Businesses
532
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