812 E Piute AvePhoenixAZ85024
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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 812 E Piute Ave, Phoenix, AZ, 85024 uses $116,025 cash to close to unlock $3,542/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,713/mo payment keeps the spread at $295/mo. Purchase price stands at $350,000, and rental yield measures 8.11% with $2,364/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 118.88% and total cumulative return in cash records $137,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1983
7,817 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85024, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 7,514 (68.5%) |
| Renter Occupied HU | 2,968 (27.0%) |
| Vacant Housing Units | 493 ( 4.5%) |
| Median Home Value | $461,710 |
| Average Home Value | $480,628 |
Housing Distribution
Address Breakdown
Residential
11,616
Single Family
6,964
Multi-Family
4,652
Businesses
466
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