OFF_MARKETExcellent Deal9 days on market

22406 N 28TH Street

22406 N 28TH Street, Phoenix, AZ 85050, Phoenix, AZ 85050
$959,950
Zestimate®:$890,000

Listing Price

Property image 1
22406 N 28TH Street, Phoenix, AZ 85050
Loc: Phoenix, AZ
Days Listed
9
Tax Assessed
$749k
Zestimate®
$890k
Market Rate
Lot Size
5,775 sqft
Rent Estimate
$3,808/mo
Est. Cash Flow base
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

Nearby Schools

Educational options and performance ratings in the area.

7

Mountain Trail Middle School

5-8
0.7 mi away
10

Pinnacle High School

7-12
1.1 mi away
10

Sky Crossing Elementary School

PK-6
0.7 mi away

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
7.58%
Total ROI
27.6%
Cash Flow
$1,208/mo
DSCR
1.25
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-24Listing removed$3,850$2
2026-07-09Listed for rent$3,850$2
2026-07-08Sold$886,000$372
2026-07-06Pending sale$924,950$389
2026-05-22Price change$924,950$389
2026-05-02Price change$929,950$391
2026-03-26Price change$949,950$399
2026-03-12Listed for sale$959,950$403
2025-12-28Listing removed$6,000$3
2025-12-27Listed for rent$6,000$3
2024-06-18Sold$915,000$384
2024-05-10Price change$945,000$397
2024-04-19Listed for sale$950,000$399
2020-05-08Sold$562,778$236

Tax History

YearProperty TaxTax Assessment
2025$3,875.32$74,930
2024$3,775.6$69,770
2023$3,119.52$35,016
2022$3,153.22$50,770
2021$916.36$46,030
2020$917.66$15,870
2019$0$11,955
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,380
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: $959,950Rent Basis: Observed Comp Model ($3,808/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $280/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.83%

NOI: $27,180/yr

Cash-on-Cash Yield
-14.8%

On $220,789 invested

DSCR Ratio
0.45x

Negative debt coverage

5-Yr Leveraged ROI
+20.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.62% of basis)-$387/mo
Homeowner / Hazard Insurance-$280/mo
Vacancy Reserve (5% of rent)-$190/mo
Repairs & Maintenance (10% of rent)-$381/mo
Property Management (8% of rent)-$305/mo
Total Pure Operating Expenses-$1,543/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,808/mo
Less: Operating Expenses-$1,543/mo
Net Operating Income (NOI)+$2,265/mo
Less: Debt Service (30yr @ 6.75%)-$4,981/mo
Net Cash Flow
$-2,716/mo
$-32,591/year
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