10807 W Northern Ave UNIT 113GlendaleAZ85307
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 10807 W Northern Ave UNIT 113, Glendale, AZ, 85307 in Glendale earns a 8.75% gross yield at $280,000. Rent of $2,042/mo nets $204/mo after the $1,259/mo mortgage. The 1.62 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $77,359 and $2,579/yr in equity accumulation project a total cumulative return of $119,773.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $204 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,042 |
| Total Monthly Debt Service | $1,727 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1984
113 sqft lot
$N/A/sqft
$183 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Apartment
Built in 1984
113 sqft lot
$N/A/sqft
$183 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marie Van Cleve • One Stop Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6833935
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010