2439 W Kowalsky Ln

Phoenix, AZ 85041

Short-Term Rental

via Zillow

Est. Gross Revenue

$54,504/yr

Projected, not realized revenue

List price

$449,999

Deal Snapshot01

Underwriting Result

STR wins on cash flow

Long-Term Rental

Est. Gross Revenue

$30.4k/yr

Est. LTR rent$2,535/moEst. net cash flow

Est. cap rate

Est. cash-on-cash

Est. NOI/yr

Short-Term Rental

Est. Gross Revenue

$54.5k/yr

Est. STR revenue$4,542/moEst. net cash flow

Est. cap rate

Est. cash-on-cash

Est. NOI/yr

Lender coverage · Est. DSCRLTRSTR(allowance × gross income) ÷ PITIA

Bottom line — the GemHaus screen puts Short-Term Rental ahead on cash flow after PITI and operating costs.

Comp Workbench — locked

The Evidence6 comparable properties · search expanded through Sales within 1.5 miles, closed in the past 12 months.

Sort:

12345 W Mockingbird Meadows Blvdat$206/sqft

Market median price

$206

Market $/sqft

$206

Median PPSF

$206/sqft

Sample size

2 comps

Hover any row or pin to cross-highlight

Total Return Projection — locked

Total Return Projection02

Cumulative returns over the hold — equity gain, principal reduction, depreciation, and cash flow modeled for both strategies.

30-Year Outlook

Adjust assumptions below to reshape this projection live.

Click a metric in the legend to isolate it, click again to show all.

Total Return:

Equity Gain

$699,216

Principal

$391,920

Depreciation

$399,046

Cash Flow

LTR$122,400

STR$219,600

Total Return

LTR$1,612,582

STR$1,709,782

Reserves & Allowances — locked

Reserves & Allowances03

Funds to set aside for vacancies, repairs, maintenance, and unexpected expenses — planning estimates, not reflected in the returns above.

Vacancy reserve

$3,420/yr

7% of gross revenue set aside for vacant months.

Turnover reserve

$1,850/yr

Cleaning, re-listing, and minor repairs between stays.

CapEx reserve

$2,940/yr

Roof, HVAC, and major-system replacement over the hold.

Maintenance reserve

$1,225/yr

Routine upkeep and unplanned repairs.

Know what this deal actually pays you

Every comp scored on distance, size, and recency
Monthly payment (PITI) broken out line by line
Change any assumption and every number recalculates live
Appreciation, loan paydown, and cash flow, year by year

Property location

Listing facts

List price: $449,999
Property type: Single Family
Beds / baths: 3 bd · 3 ba
Living area: 2,373 sqft
Lot size: 5,615 sqft
Year built: 2023
On market: Listed 200 days ago
Identified listing agent: James Melendy
Identified brokerage: Realty ONE Group

Full Property Analysis

Initial screening indicates a strong Short-Term Rental candidate.The full underwriting confirms it.

Unlock projected monthly cash flow, DSCR, cap rate, and operating expenses for both strategies on 2439 W Kowalsky Ln — every assumption editable, in a branded report you can send to a lender or a client.

The price, beds, baths, square footage, address, and status above come from a third-party listing feed. They may be stale or change without notice, and GemHaus has not independently verified them. Information is deemed reliable but not guaranteed; independently verify current availability and details with the listing broker or a licensed real-estate professional. GemHaus is not the listing broker or an MLS participant. This page is for informational purposes only, is not an offer to sell, and does not create a brokerage or agency relationship. Listed by a third-party brokerage via MLS. Source: GemHaus · listing-fact snapshot · Last checked: Sep 15, 2026