$89,000 · PHOENIX, AZ 85009
Works for flippers · Low return for landlords

Available

$89,000Asking price

1 bd · 1 ba · 733 sq ft · built 1936

PHOENIX, AZ 85009

via InvestorLift Classic

4 views · 1 saved · listed Dec 30, 2025

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $225,000
Asking price: −$89,000
RepairsMiddle of the seller’s $50,000 – $100,000. Ours: $38,500 – $64,500: −$75,000
Loan, holding, closing20% down, 12% interest, 2 points, 90 days: −$12,951
Profit21.4% of ARV · flippers want 10%+: $48,049
Works

Works for a flipper up to $112,000.

RED ROCK CAPITAL HOLDINGS

Danton Hinerman

No reviews yet

Comps

Sales

Rents

ARV $225,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $151,000.

The sales behind this value are shown to members.

ARV $225,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

RED ROCK CAPITAL HOLDINGS

Danton Hinerman

No reviews yet

Seller Description

Bank Owned REO. Send Highest and Best Offer. Call or text for additional information: Danton - (801) 309-3199 / Jonathon - (385) 266-6377

Price: $85,000

Photos: https://drive.google.com/drive/folders/16HThtbBV1YHpHeeLJgHJVeldP7e8nEAG?usp=share_link

1 bed / 1 bath

733 SF

3098 Lot SF

1940 Yr Built

Unfinished addition which has no foundation

Unsecured, may have squatters - enter with caution

Est Rental Income $1000/mo

***Please note that this property is owned by a bank. The seller has never lived on the property and has limited information on roof, heating/AC, plumbing, foundation, etc. Please do your own due diligence.

Comparables:

2344 W Pima St - SOLD $347,000 August 2026

2406 W Papago St - SOLD $245,000 October 2026

2406 W Papago St - SOLD $113.839 April 2026

2421 W Pima St - SOLD $330,000 June 2026

2320 W Maricopa Street - SOLD $282,500 May 202