3040 W PHELPS Road
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Ironwood Elementary School
Desert Foothills Middle School
Greenway High School
Phoenix, AZ Investment Analysis (2026)
Cap Rate: 4.08% · Median Rent: $2,450/mo · Effective Tax: 0.62%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $29/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Phoenix
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $295,000 | $228 |
| 2020-07-02 | Sold | $185,000 | $143 |
| 2020-06-08 | Pending sale | $185,000 | $143 |
| 2020-05-16 | Listed for sale | $185,000 | $143 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $898.64 | $30,400 |
| 2024 | $1,364.2 | $31,420 |
| 2023 | $1,338.8 | $11,740 |
| 2022 | $1,312.06 | $20,050 |
| 2021 | $786.72 | $18,230 |
| 2020 | $456.98 | $7,600 |
| 2019 | $418.14 | $7,600 |
| 2018 | $418.14 | $7,600 |
| 2017 | $412.46 | $7,600 |
| 2016 | $421.06 | $7,600 |
| 2015 | $408.94 | $7,600 |
| 2014 | $0 | $7,600 |
| 2013 | $0 | $6,880 |
| 2012 | $0 | $7,600 |
| 2011 | $0 | $7,600 |
| 2010 | $0 | $7,600 |
| 2009 | $0 | $7,600 |
| 2008 | $0 | $7,600 |
| 2007 | $0 | $7,600 |
| 2006 | $0 | $7,600 |
| 2005 | $0 | $7,600 |
| 2004 | $0 | $7,600 |
| 2003 | $0 | $7,600 |
| 2002 | $0 | $7,600 |
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