24637 N 39th AveGlendaleAZ85310
INVESTMENT ANALYSIS
Investment Verdict
Solid Income24637 N 39th Ave, Glendale, AZ, 85310 in Glendale is a solid income-producing rental, 8.22% gross yield, $2,405/mo rent, $310/mo net cash flow on a $351,000 buy. DSCR 1.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $96,975 and $3,233/yr in principal reduction project a total cumulative return of $152,771.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $310 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,405 |
| Total Monthly Debt Service | $1,955 |
| DSCR Ratio | 1.23x |
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.
Single Family
Built in 1998
5,756 sqft lot
$N/A/sqft
$120 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85310, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,153 (100%) |
| Owner Occupied HU | 6,259 (87.5%) |
| Renter Occupied HU | 767 (10.7%) |
| Vacant Housing Units | 127 ( 1.8%) |
| Median Home Value | $549,853 |
| Average Home Value | $622,899 |
Housing Distribution
Address Breakdown
Residential
7,325
Single Family
7,001
Multi-Family
324
Businesses
159
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
Single Family
Built in 1998
5,756 sqft lot
$N/A/sqft
$120 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85310, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,153 (100%) |
| Owner Occupied HU | 6,259 (87.5%) |
| Renter Occupied HU | 767 (10.7%) |
| Vacant Housing Units | 127 ( 1.8%) |
| Median Home Value | $549,853 |
| Average Home Value | $622,899 |
Housing Distribution
Address Breakdown
Residential
7,325
Single Family
7,001
Multi-Family
324
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
