14008 N 61st AveGlendaleAZ85306
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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 14008 N 61st Ave, Glendale, AZ, 85306 offers a 6.93% rental yield on a $344,999 purchase with $1,993/mo rent. 42% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 99.88% and total cumulative return in cash at $114,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,993/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
6,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85306, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 6,360 (61.5%) |
| Renter Occupied HU | 3,528 (34.1%) |
| Vacant Housing Units | 453 ( 4.4%) |
| Median Home Value | $425,160 |
| Average Home Value | $511,431 |
Housing Distribution
Address Breakdown
Residential
9,819
Single Family
7,248
Multi-Family
2,571
Businesses
450
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Listed by: Karina Martinez • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854514
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