10620 W Northern Ave APT 5GlendaleAZ85307
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Glendale at 10620 W Northern Ave APT 5, Glendale, AZ, 85307 uses $76,245 cash to close to unlock $8,186/yr annual cash flow and $682/mo monthly cash flow. Total monthly income runs $2,042/mo, and a $1,126/mo payment keeps the spread at $682/mo. Purchase price stands at $230,000, and rental yield measures 10.65% with $2,042/mo rent. Return on cash invested shows 30.65% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 160.09% and total cumulative return in cash records $122,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,042/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Apartment
Built in 1983
1,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85307, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 3,147 (44.0%) |
| Renter Occupied HU | 3,282 (45.9%) |
| Vacant Housing Units | 721 (10.1%) |
| Median Home Value | $441,600 |
| Average Home Value | $478,176 |
Housing Distribution
Address Breakdown
Residential
5,062
Single Family
2,208
Multi-Family
2,854
Businesses
236
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