Condo Investment Properties for Sale in Glendale, AZ
116- - Bed
- 1 Bath
- 483 sft
96- 2 Bed
- 2 Bath
- 909 sft
651- 3 Bed
- 1 Bath
- 1064 sft
346- 3 Bed
- 2 Bath
- 1352 sft
Why Invest in Glendale, Arizona?
Glendale, AZ offers strong investment potential in the condo market, with steady demand driven by proximity to Phoenix and affordable entry points compared to urban cores. Rental yields average around 6-7%, supported by a renter-occupied rate near 40%. Cap rates hold at 5-6% amid moderate appreciation of 1-2% annually. Average rents near $1,600 provide reliable cash flow for investors targeting multifamily condos. The market's balanced dynamics favor long-term holds with low vacancy risks.
Frequently Asked Questions
Yes, condos offer solid rental yields around 6.5% with average rents at $1,590. Demand from renters near employment hubs keeps vacancy low at 5%. Balanced market supports steady cash flow.
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