4729 W Mediterranean DrGlendaleAZ85301
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
Rental property for sale in Glendale at 4729 W Mediterranean Dr, Glendale, AZ, 85301 generates $1,740/mo in rent, after a $1,762/mo payment. Total monthly income is $1,740/mo. Return on cash invested sits at 14.9% in year one, and rental yield is 5.8% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 76.02% and total cumulative return in cash sums $90,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
2,940 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85301, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,893 (100%) |
| Owner Occupied HU | 9,214 (40.2%) |
| Renter Occupied HU | 12,331 (53.9%) |
| Vacant Housing Units | 1,348 ( 5.9%) |
| Median Home Value | $260,738 |
| Average Home Value | $309,974 |
Housing Distribution
Address Breakdown
Residential
22,916
Single Family
12,965
Multi-Family
9,951
Businesses
1,851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cesar Maldonado • Networth Realty of Phoenix
Mls Name: ARMLS
Mls Provider:
Mls ID: #6895930
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