21655 N 36th Ave UNIT 120GlendaleAZ85308
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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 21655 N 36th Ave UNIT 120, Glendale, AZ, 85308 offers a 8.38% rental yield on a $227,000 purchase with $1,585/mo rent. Total monthly income registers $1,585/mo, and a $1,111/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,919/yr on $75,251 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $1,465/yr while 5% annual appreciation supports $62,716 over five years. Portfolio math shows five-year ROI at 123.32% and total cumulative return in cash at $92,797. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,585/mo property income against a $1,111/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
1,019 sqft lot
$N/A/sqft
No 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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