8453 S 48th St UNIT 3PhoenixAZ85044
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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 8453 S 48th St UNIT 3, Phoenix, AZ, 85044 generates $2,416/mo in rent and, after a $1,576/mo payment, leaves $119/mo in cash flow. Total monthly income is $2,416/mo, and annual cash flow is $1,425/yr on $106,710 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 9.01% on a $321,900 entry. Equity gained on principal adds $2,077/yr, while 5% annual appreciation builds toward $88,935 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash sums $118,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,416/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
1,673 sqft lot
$N/A/sqft
$394 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85044, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,410 (100%) |
| Owner Occupied HU | 10,776 (58.5%) |
| Renter Occupied HU | 6,738 (36.6%) |
| Vacant Housing Units | 896 ( 4.9%) |
| Median Home Value | $486,226 |
| Average Home Value | $557,368 |
Housing Distribution
Address Breakdown
Residential
18,063
Single Family
11,984
Multi-Family
6,079
Businesses
721
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Listed by: Elizabeth Vasquez • Prime Equity Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6836599
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