18206 N 45th AveGlendaleAZ85308
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 18206 N 45th Ave, Glendale, AZ, 85308 in Glendale at $335,000 earns $2,402/mo in rent and nets $99/mo after the $1,506/mo payment, a 8.61% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $92,554 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $3,085/yr in principal paydown, total projected return reaches $134,425.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $99 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,402 |
| Total Monthly Debt Service | $2,170 |
| DSCR Ratio | 1.11x |
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.
Townhouse
Built in 1979
1,448 sqft lot
$N/A/sqft
$323 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85308, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,222 (100%) |
| Owner Occupied HU | 18,891 (69.4%) |
| Renter Occupied HU | 7,226 (26.5%) |
| Vacant Housing Units | 1,105 ( 4.1%) |
| Median Home Value | $477,381 |
| Average Home Value | $548,380 |
Housing Distribution
Address Breakdown
Residential
26,865
Single Family
21,851
Multi-Family
5,014
Businesses
1,620
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
Townhouse
Built in 1979
1,448 sqft lot
$N/A/sqft
$323 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85308, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,222 (100%) |
| Owner Occupied HU | 18,891 (69.4%) |
| Renter Occupied HU | 7,226 (26.5%) |
| Vacant Housing Units | 1,105 ( 4.1%) |
| Median Home Value | $477,381 |
| Average Home Value | $548,380 |
Housing Distribution
Address Breakdown
Residential
26,865
Single Family
21,851
Multi-Family
5,014
Businesses
1,620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
