3434 E Southern Ave, Phoenix, AZ 85040
A ground-up construction analysis of 3434 E Southern Ave in Phoenix, Arizona: land comps, finished value from 14 recorded new-construction sales, a full budget with the city's published permit and impact fees, construction loan and builder profit. Every number traces to a comp, a source or a formula you can check.
Budget and profit
| Land price used | $130,000 (the lot's own recorded sale on May 1, 2026) |
| Hard cost | $400,675 ($185/sf base) |
| Total project cost | $636,473 |
| Builder profit / margin on cost | -$215,473 / -33.9% |
| Target (15% margin on cost) | $95,471: not met |
| Max lot price that hits the target | none at these costs |
| Max hard cost/sf that hits the target | $39/sf |
Financing and hold option
| Construction loan | $294,700 |
| Loan-to-cost | 48.2% |
| Cash required (peak equity) | $316,513 |
| Hold option: rent | $2,280/mo |
| Hold option: DSCR (rent / PITIA) | 0.89 |
New-construction sales
The 14 recorded sales of new homes within 1.0 mi, 24 months behind the finished value (first 10 shown).
| Address | Sold | Price | Sq ft | $/sf | Miles | Role |
|---|---|---|---|---|---|---|
| 3430 E Southern Ave | Dec 19, 2024 | $425,000 | 1,692 | $251 | 0.01 | new build, 2025 |
| 5920 S Daisy Patch Pl | Jun 30, 2025 | $414,900 | 1,628 | $255 | 0.85 | new build, 2023 |
| 5916 S Daisy Patch Pl | Jun 30, 2025 | $414,900 | 1,628 | $255 | 0.85 | new build, 2023 |
| 5830 S Daisy Patch Pl | Jun 27, 2025 | $414,900 | 1,628 | $255 | 0.86 | new build, 2023 |
| 5834 S Daisy Patch Pl | Jun 4, 2025 | $414,900 | 1,628 | $255 | 0.86 | new build, 2023 |
| 5728 S Daisy Patch Pl | May 28, 2025 | $414,900 | 1,628 | $255 | 0.87 | new build, 2023 |
| 5716 S Daisy Patch Pl | May 20, 2025 | $413,900 | 1,628 | $254 | 0.87 | new build, 2023 |
| 5724 S Daisy Patch Pl | Apr 18, 2025 | $412,500 | 1,628 | $253 | 0.87 | new build, 2023 |
| 5818 S Daisy Patch Pl | Feb 28, 2025 | $429,149 | 1,628 | $264 | 0.86 | new build, 2023 |
| 5630 S Daisy Patch Pl | Feb 14, 2025 | $428,900 | 1,628 | $263 | 0.88 | new build, 2023 |
Land comps
Recorded vacant-lot and teardown sales within 1.5 mi, 12 months (grade B).
| Address | Sold | Price | Lot sq ft | Miles | Type |
|---|---|---|---|---|---|
| 3438 E Southern Ave | May 1, 2026 | $130,000 | 7,360 | 0.01 | vacant lot |
| 2817 E Trumbull Rd | Jan 23, 2026 | $95,000 | 6,738 | 1.28 | vacant lot |
| 7628 S 41st Pl | Oct 15, 2025 | $168,000 | 6,325 | 1.32 | vacant lot |
| 2543 E Broadway Rd | Oct 20, 2025 | $135,000 | 7,008 | 1.40 | vacant lot |
| 2539 E Broadway Rd | Oct 20, 2025 | $135,000 | 7,009 | 1.41 | vacant lot |
The lot and the plan
| Lot size | 7,923 sq ft |
| Zoning | R1-6 |
| Planned home | 1,650 sf, 4 bed / 2.5 bath, 1 story, 2-car garage |
| County | Maricopa County, AZ |
What's in the full report
- Land comps and new-construction comps with every screen shown
- Line-item budget with cited city permit and impact fees
- Month-by-month draw schedule, interest reserve and IRR
- Residual land value: the most you can pay for the lot
- Build-to-rent option with DSCR sizing
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Questions? kmartin@bluelinedata.com
More sample reports
Sample report on a real property, using data as of Aug 26, 2026. Sources: Maricopa County Assessor recorded sales and parcel records, City of Phoenix / Glendale published fee schedules, public GIS zoning; rent estimate from RentCast. Data provided by RentCast.
The house plan, hard and soft costs, and loan terms are example assumptions, so profit and loan figures are illustrative. Not an appraisal or a feasibility study. Details on the methodology page.
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