5817 W Evans DrGlendaleAZ85306
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 5817 W Evans Dr, Glendale, AZ, 85306 in Glendale: $2,459/mo in rent, $313/mo in net income, 9.15% gross yield, 1.70 DSCR, all at $322,490. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $89,098 in appreciation and $2,970/yr in principal paydown projects total cumulative return of $143,109.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $313 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,459 |
| Total Monthly Debt Service | $2,018 |
| DSCR Ratio | 1.22x |
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.
Townhouse
Built in 1983
178 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85306, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 6,360 (61.5%) |
| Renter Occupied HU | 3,528 (34.1%) |
| Vacant Housing Units | 453 ( 4.4%) |
| Median Home Value | $425,160 |
| Average Home Value | $511,431 |
Housing Distribution
Address Breakdown
Residential
9,819
Single Family
7,248
Multi-Family
2,571
Businesses
450
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
Townhouse
Built in 1983
178 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85306, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,341 (100%) |
| Owner Occupied HU | 6,360 (61.5%) |
| Renter Occupied HU | 3,528 (34.1%) |
| Vacant Housing Units | 453 ( 4.4%) |
| Median Home Value | $425,160 |
| Average Home Value | $511,431 |
Housing Distribution
Address Breakdown
Residential
9,819
Single Family
7,248
Multi-Family
2,571
Businesses
450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew deLeon • Platinum Living Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6758369
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