6302 N 64th Dr APT 4GlendaleAZ85301
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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 Glendale at 6302 N 64th Dr APT 4, Glendale, AZ, 85301 offers a 9.36% rental yield on a $169,000 purchase with $1,318/mo rent. Total monthly income registers $1,318/mo, and a $827/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,142/yr on $56,024 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 115.21% and total cumulative return in cash at $64,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,318/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
480 sqft lot
$N/A/sqft
$224 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
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Listed by: Mayra Reyes • W and Partners, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6807571
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