825 E Michigan AvePhoenixAZ85022
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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 825 E Michigan Ave, Phoenix, AZ, 85022 uses $134,921 cash to close to unlock $459/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $2,494/mo, and a $1,992/mo payment keeps the spread at $38/mo. Purchase price stands at $407,000, and rental yield measures 7.35% with $2,494/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $112,447 over five years. Five-year ROI reaches 104.48% and total cumulative return in cash records $140,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,494/mo property income covering a $1,992/mo payment rather than investor’s personal income.
Single Family
Built in 1992
3,985 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85022, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,755 (100%) |
| Owner Occupied HU | 13,479 (54.4%) |
| Renter Occupied HU | 9,856 (39.8%) |
| Vacant Housing Units | 1,420 ( 5.7%) |
| Median Home Value | $451,289 |
| Average Home Value | $498,344 |
Housing Distribution
Address Breakdown
Residential
22,657
Single Family
14,089
Multi-Family
8,568
Businesses
784
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