822 S 29th AvePhoenixAZ85009
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 822 S 29th Ave, Phoenix, AZ, 85009 offers a 8.22% rental yield on a $175,000 purchase with $1,199/mo rent. Total monthly income registers $1,199/mo, and a $857/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,969/yr on $58,013 to close, and return on cash invested stands at 23.3% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 120.75% and total cumulative return in cash at $70,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,199/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,889 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85009, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 7,133 (51.2%) |
| Renter Occupied HU | 6,020 (43.2%) |
| Vacant Housing Units | 784 ( 5.6%) |
| Median Home Value | $228,786 |
| Average Home Value | $306,232 |
Housing Distribution
Address Breakdown
Residential
13,005
Single Family
10,729
Multi-Family
2,276
Businesses
2,136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffry Edward Klein • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854862
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