3541 W Monona DrGlendaleAZ85308
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3541 W Monona Dr, Glendale, AZ, 85308 in Glendale hard to pass up. The 26.39% gross yield on a $113,500 purchase results in $2,496/mo in rent and $1,825/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (4.89). Annual cash flow of $21,901, five-year appreciation of $31,358, and $1,045/yr in equity build-up combine for a projected total cumulative return of $160,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.4% | 6.5% |
| Monthly Cash Flow | $1,825 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,496 |
| Total Monthly Debt Service | $626 |
| DSCR Ratio | 3.99x |
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.
Manufactured
Built in 1977
9,127 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
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
Manufactured
Built in 1977
9,127 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
