Off-Market Property at 6622 W Polk St, Phoenix, AZ, 85043
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6622 W Polk St, Phoenix, AZ, 85043

$360,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $328 per day and long-term for an average of $2,212 per month, based on similar listings in the area. Estimated short-term cap rate of 5.0%. Estimated long-term cap rate of 0.3%. Turn-key investor opportunity! Beautifully updated two-story home in Phoenix, featuring 4 beds, 2.5 baths, and a 1 car garage. Fabulous interior showcases neutral paint, abundant natural light, and wood-look flooring throughout. You'll love the welcoming layout, large living areas, and high ceilings. The eat-in kitchen offers SS appliances, ample cabinetry, recessed & pendant lighting, a pantry, an island and breakfast bar. Head upstairs to find a cozy loft, large bedrooms and laundry! Primary bedroom boasts a full bath for your convenience. Check out the gated backyard complete with well-laid pavers, making it ideal for low maintenance and enjoying a summer cookout! Located in the desirable community of Northglen and close to schools, shopping, dining, and freeways. Don't miss this gem!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$115
Rental Policy
daily
Yearly Taxes
$1036
Bedrooms
4
Bathrooms
3
SQFT
1,598
Furnished
unknown
Year built
2006
Listing Status
Off Market
MLS
6683776

Short-term Rental Potential
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$43,356

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$225

Price/SQFT

Long-term Rental Potential
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$26,544

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,212/mo

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