9420 N 38th StPhoenixAZ85028
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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 9420 N 38th St, Phoenix, AZ, 85028 generates $4,500/mo in rent, after a $8,321/mo payment. Total monthly income is $4,500/mo. Return on cash invested sits at 8.28% in year one, and rental yield is 3.18% on a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 40.01% and total cumulative return in cash sums $220,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85028, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,045 (100%) |
| Owner Occupied HU | 7,080 (70.5%) |
| Renter Occupied HU | 2,073 (20.6%) |
| Vacant Housing Units | 892 ( 8.9%) |
| Median Home Value | $602,703 |
| Average Home Value | $682,207 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,468
Multi-Family
1,306
Businesses
590
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