11640 N 51st Ave APT 221,Glendale,AZ,85304

Investment Highlights

Rental property for sale in Glendale at 11640 N 51st Ave APT 221, Glendale, AZ, 85304 generates $1,799/mo in rent and, after a $901/mo payment, leaves $216/mo in cash flow. Total monthly income is $1,799/mo, and annual cash flow is $2,591/yr on $60,996 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 11.73% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 128.78% and total cumulative return in cash sums $78,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.