836 W Mitchell DrPhoenixAZ85013
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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
Rental property for sale in Phoenix at 836 W Mitchell Dr, Phoenix, AZ, 85013 priced at $508,100 converts $2,647/mo rent into after a $2,487/mo obligation. Total monthly income equals $2,647/mo. Return on cash invested prints 17.5% in year one, and rental yield reads 6.25% against a $508,100 entry. Equity gained on principal adds $3,279/yr, while 5% annual appreciation compiles into $140,379 by year five. Five-year ROI reaches 89.54% and total cumulative return in cash sums $149,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,647/mo property income covering a $2,487/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85013, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,735 (100%) |
| Owner Occupied HU | 5,205 (35.3%) |
| Renter Occupied HU | 7,994 (54.3%) |
| Vacant Housing Units | 1,536 (10.4%) |
| Median Home Value | $565,526 |
| Average Home Value | $626,920 |
Housing Distribution
Address Breakdown
Residential
11,594
Single Family
5,564
Multi-Family
6,030
Businesses
592
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