12779 W Myrtle AveGlendaleAZ85307
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 12779 W Myrtle Ave, Glendale, AZ, 85307 in Glendale at $385,000 earns $2,377/mo in rent and nets $20/mo after the $1,731/mo payment, a 7.41% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $106,368 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $3,546/yr in principal paydown, total projected return reaches $147,196.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.5% |
| Monthly Cash Flow | $20 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,377 |
| Total Monthly Debt Service | $2,204 |
| DSCR Ratio | 1.08x |
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.
Single Family
Built in 2021
5,227 sqft lot
$N/A/sqft
$81 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
Single Family
Built in 2021
5,227 sqft lot
$N/A/sqft
$81 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: Lesa Wilson • Tierra Antigua Realty
Mls Name: MLS of Southern Arizona
Mls Provider:
Mls ID: #22521758
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