18818 N 62nd DrGlendaleAZ85308
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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
Total monthly income runs $3,499/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 5.79% with $3,499/mo rent. Return on cash invested shows 15.72% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 80.12% and total cumulative return in cash records $191,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,499/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Single Family
Built in 1996
9,200 sqft lot
$N/A/sqft
$75 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
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