OFF_MARKETExcellent Deal45 days on market
23004 N 38TH Place
23004 N 38TH Place, Phoenix, AZ 85050, Phoenix, AZ 85050
23004 N 38TH Place, Phoenix, AZ 85050
Loc: Phoenix, AZ
Days Listed
45
Tax Assessed
$872k
Lot Size
9,475 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.63%
Total ROI
27.8%
Cash Flow
$1,493/mo
DSCR
1.26
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10-Year Price Projection
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $1,150,000Rent Basis: Modeled Estimate ($9,200/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $335/mo
Haven ScoreNeutral
4/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
6.57%
NOI: $75,581/yr
Cash-on-Cash Yield
1.5%
On $264,500 invested
DSCR Ratio
1.06x
Tight qualification
5-Yr Leveraged ROI
+101.7%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.62% of basis)-$451/mo
Homeowner / Hazard Insurance-$335/mo
Vacancy Reserve (5% of rent)-$460/mo
Repairs & Maintenance (10% of rent)-$920/mo
Property Management (8% of rent)-$736/mo
Total Pure Operating Expenses-$2,902/mo
Net Investor Cash Flow
Gross Scheduled Rent+$9,200/mo
Less: Operating Expenses-$2,902/mo
Net Operating Income (NOI)+$6,298/mo
Less: Debt Service (30yr @ 6.75%)-$5,967/mo
Net Cash Flow
$331/mo
$3,976/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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