3BR Home in Phoenix , AZ
3BR Home in Phoenix , AZ photo 23BR Home in Phoenix , AZ photo 3

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Owner FinancedNo Credit Check

3BR Home in Phoenix , AZ

$700,000
$3,725/mo
1101 East Ruth Avenue, Phoenix, Arizona 85020
3
Bedrooms
2
Bathrooms
0
Sq Ft
1958
Year Built
$3,725
Monthly Payment

About This Property

PHOENIX, AZ β€” TURNKEY STR + CREATIVE FINANCING OPPORTUNITY 🏑🌡 πŸ”₯ 5.375% Existing Loan | No HOA | Heated Pool | Seller Financing Available πŸ”₯ 1101 E Ruth Ave, Phoenix, AZ 85020 🏑 PROPERTY OVERVIEW πŸ›οΈ 3 Bedrooms + Bonus Room Currently Used as 4th Bedroom πŸ›Œ 5 Beds + Couch πŸ› 2 Bathrooms πŸ“ 1,977 SF πŸš— 1-Car Garage 🏊 Private Heated Pool 🌴 Low-Maintenance Turf Backyard 🏘️ NO HOA πŸ’° TWO PURCHASE OPTIONS AVAILABLE OPTION 1 β€” EXISTING LOAN / WRAP STRUCTURE 🏷️ Purchase Price: Contact for details πŸ’΅ Cash Down Payment: Contact for details πŸ“Š Down Payment: Approx. 30.7% 🏦 Current Loan Balance: Approx. Contact for details πŸ“‰ Existing Interest Rate: 5.375% πŸ’³ Current Contact for details/month OPTION 2 β€” EXISTING LOAN + SELLER FINANCING πŸ”₯ 🏷️ Purchase Price: $700,000 πŸ’΅ Cash Down Payment: Contact for details πŸ“Š Down Payment: Contact for details% 🏦 Existing Loan: Approx. Contact for details @ 5.375% πŸ’³ Existing Contact for details/month 🀝 Seller Financing: Contact for details πŸ’΅ Seller Finance Payment: $800/month πŸ“ˆ Seller Financing: Principal & Interest, approximately 7%* 🎈 Seller Finance Years πŸ”₯ Total: Contact for details/month *The 5-year applies ONLY to the seller-financed portion, not the existing first existing financing in place πŸ“Š ACTUAL + PROJECTED STR PERFORMANCE ACTUAL PERFORMANCE SINCE LAUNCH πŸ’΅ Actual Revenue May 26 – August 31, 2026: Contact for details πŸ“… Operating Period: 98 Days πŸ’° Average Revenue During Period: Approx. Contact for details/month PriceLabs Projected June-August Total: Contact for details The property was launched as a new STR in late May with zero existing reservations. Even with the initial ramp-up period and Phoenix’s slower summer season, actual revenue has tracked closely with PriceLabs’ projected summer performance, providing encouraging early validation of the revenue model. πŸ“ˆ ANNUAL STR PROJECTION πŸ’° Projected Annual Revenue: Contact for details πŸ“… Projected Monthly Average: Approx. Contact for details πŸ’΅ Projected Average Daily Rate: $455/night 🏠 Projected Occupancy: 65% PriceLabs projects significantly stronger revenue during Phoenix’s peak winter and spring season, including approximately Contact for details in February and Contact for details in March. ⭐ TURNKEY STR FEATURES 🏊 Remote-Controlled Heated Pool πŸ” Automated Smart Locks πŸ“Ή Ring Cameras πŸ“¦ MyQ Garage Setup 🌴 Synthetic Turf 🎱 Game / Entertainment Room πŸ›οΈ 5 Beds + Couch 🎨 STR-Focused Interior Design πŸš— 1-Car Garage ⚑ Already Operating πŸ›‹οΈ FURNITURE & STR SETUP The property can be sold with the existing furniture, beds, dΓ©cor and STR setup through a separate bill of sale, allowing a buyer to take over a substantially turnkey operation rather than furnishing and setting up the property from scratch. πŸ“ LOCATION Located in North-Central Phoenix, with convenient access to restaurants, shopping, groceries, coffee, fitness, medical services and other everyday amenities. The property provides access to the broader Phoenix/Scottsdale visitor market while offering guests a private heated pool, multiple sleeping areas, entertainment space and no HOA.

Features & Highlights

Turn-Key
Creative Listing
Subject-To
Seller Financing
Hybrid

Financing Details

Down Payment
$85,000
Monthly Payment
$3,725
Financing Type
Subject To
Credit Check
None Required

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