3608 W Glenn DrPhoenixAZ85051
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
Investment Highlights
Investment property for sale in Phoenix at 3608 W Glenn Dr, Phoenix, AZ, 85051 listed at $379,499 pairs $2,399/mo rent with a $1,857/mo payment to leave $156/mo cash flow. Total monthly income runs $2,399/mo, and annual cash flow reaches $1,874/yr on $125,804 cash to close. Return on cash invested measures 21.4% in year one, and rental yield registers 7.59% at a $379,499 basis. Equity gained on principal adds $2,449/yr, and annual property appreciation at 5% supports $104,849 by year five. Five-year ROI tracks 110.5% and total cumulative return in cash totals $139,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,399/mo property income relative to a $1,857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
6,656 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85051, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,262 (100%) |
| Owner Occupied HU | 9,005 (55.4%) |
| Renter Occupied HU | 6,612 (40.7%) |
| Vacant Housing Units | 645 ( 4.0%) |
| Median Home Value | $344,534 |
| Average Home Value | $358,919 |
Housing Distribution
Address Breakdown
Residential
16,055
Single Family
10,536
Multi-Family
5,519
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catherine E Castle • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6763240
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010