8829 W Sheridan StPhoenixAZ85037
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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 8829 W Sheridan St, Phoenix, AZ, 85037 priced at $397,777 pairs $3,762/mo rent with $1,411/mo cash flow after a $1,947/mo payment. Total monthly income equals $3,762/mo, and annual cash flow comes to $16,927/yr on $131,863 invested. Return on cash invested is 32.75% in year one, and rental yield stands at 11.35% on a $397,777 basis. Equity gained on principal adds $2,567/yr, and 5% annual appreciation accumulates to $109,898 by year five. Five-year ROI measures 171.32% and total cumulative return in cash reaches $225,914. For financing, Ziffy Mortgage’s DSCR program evaluates $3,762/mo property income against a $1,947/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
6,508 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85037, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,712 (100%) |
| Owner Occupied HU | 9,817 (52.5%) |
| Renter Occupied HU | 7,433 (39.7%) |
| Vacant Housing Units | 1,462 ( 7.8%) |
| Median Home Value | $364,174 |
| Average Home Value | $426,853 |
Housing Distribution
Address Breakdown
Residential
16,648
Single Family
11,468
Multi-Family
5,180
Businesses
393
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