Latitude Plan 3580 Plan, Western Garden : DiscoveryPhoenixAZ85037
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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 Latitude Plan 3580 Plan, Western Garden: Discovery, Phoenix, AZ, 85037 offers $2,846/mo rent that, after a $2,464/mo payment. Total monthly income is $2,846/mo. Return on cash invested measures 19.12% in year one, and rental yield stands at 6.78% at a $503,490 entry. Equity gained on principal adds $3,249/yr while 5% annual appreciation compounds into $139,105 by year five. Five-year ROI records 98.23% and total cumulative return in cash reaches $162,719. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,846/mo property income versus a $2,464/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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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