15416 N 60th 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
Rental property for sale in Glendale at 15416 N 60th Ave, Glendale, AZ, 85306 generates $3,192/mo in rent and, after a $2,148/mo payment, leaves $598/mo in cash flow. Total monthly income is $3,192/mo, and annual cash flow is $7,173/yr on $145,495 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 8.73% on a $438,900 entry. Equity gained on principal adds $2,832/yr, while 5% annual appreciation builds toward $121,260 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash sums $187,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,192/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,450 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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