9425 N 38th AvePhoenixAZ85051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9425 N 38th Ave, Phoenix, AZ, 85051 earns $426/mo cash flow from $2,671/mo rent with a $1,859/mo payment. Total monthly income totals $2,671/mo, and annual cash flow totals $5,109/yr on $125,937 capital. ROI tracks 23.97% on current figures, and rental yield reads 8.44% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 124.22% and total cumulative return in cash sums $156,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,671/mo property income instead of your personal income.
Single Family
Built in 1970
10,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85051, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,262 (100%) |
| Owner Occupied HU | 9,005 (55.4%) |
| Renter Occupied HU | 6,612 (40.7%) |
| Vacant Housing Units | 645 ( 4.0%) |
| Median Home Value | $344,534 |
| Average Home Value | $358,919 |
Housing Distribution
Address Breakdown
Residential
16,055
Single Family
10,536
Multi-Family
5,519
Businesses
737
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Listed by: Catherine Larberg • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6833970
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