Ridgeline Plan, Union Park at Norterra Phase 2PhoenixAZ85085
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 Ridgeline Plan, Union Park at Norterra Phase 2, Phoenix, AZ, 85085 offers a 7.17% rental yield on a $591,990 purchase with $3,538/mo rent. Total monthly income registers $3,538/mo, and a $2,898/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $470/yr on $194,765 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $3,820/yr while 5% annual appreciation supports $163,556 over five years. Portfolio math shows five-year ROI at 104.57% and total cumulative return in cash at $203,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,538/mo property income against a $2,898/mo payment rather than investor’s personal income documents like 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: 85085, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,536 (100%) |
| Owner Occupied HU | 7,964 (51.3%) |
| Renter Occupied HU | 6,094 (39.2%) |
| Vacant Housing Units | 1,478 ( 9.5%) |
| Median Home Value | $609,655 |
| Average Home Value | $635,563 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
2,182
Multi-Family
11,945
Businesses
556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
