5757 W Eugie Ave UNIT 2060GlendaleAZ85304
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 5757 W Eugie Ave UNIT 2060, Glendale, AZ, 85304 in Glendale at $260,500 earns $1,799/mo in rent and nets $9/mo after the $1,171/mo payment, a 8.29% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $71,971 over five years. Ziffy Mortgage underwrites this on a 1.54 DSCR without U.S. credit history. With $2,399/yr in principal paydown, total projected return reaches $100,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $9 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,799 |
| Total Monthly Debt Service | $1,686 |
| DSCR Ratio | 1.07x |
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.
Apartment
Built in 1987
935 sqft lot
$N/A/sqft
$250 monthly HOA
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
Apartment
Built in 1987
935 sqft lot
$N/A/sqft
$250 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Kia Vallie • Realty Executives
Mls Name: ARMLS
Mls Provider:
Mls ID: #6781389
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