11640 N 51st Ave APT 150GlendaleAZ85304
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
Investment Highlights
Investment property for sale in Glendale at 11640 N 51st Ave APT 150, Glendale, AZ, 85304 earns $193/mo cash flow from $1,799/mo rent with a $953/mo payment. Total monthly income totals $1,799/mo, and annual cash flow totals $2,316/yr on $64,560 capital. ROI tracks 23.5% on current figures, and rental yield reads 11.08% at a $194,750 purchase. Equity gained on principal adds $1,257/yr, and 5% annual appreciation supports $53,806 over five years. Five-year ROI reaches 124.76% and total cumulative return in cash sums $80,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,799/mo property income instead of your personal income.
Apartment
Built in 1984
866 sqft lot
$N/A/sqft
$455 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Fagundes • AZREAPM
Mls Name: ARMLS
Mls Provider:
Mls ID: #6779775
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