6302 N 69th DrGlendaleAZ85303
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 6302 N 69th Dr, Glendale, AZ, 85303 in Glendale. At $430,500 it earns $3,040/mo in rent and distributes $413/mo to the owner after the $1,936/mo payment, a consistent 8.47% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $118,939 in value; $3,965/yr in principal paydown compounds ownership stake. Total projected return: $194,609.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $413 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,040 |
| Total Monthly Debt Service | $2,373 |
| DSCR Ratio | 1.28x |
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.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85303, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,710 (100%) |
| Owner Occupied HU | 6,735 (57.5%) |
| Renter Occupied HU | 4,487 (38.3%) |
| Vacant Housing Units | 488 ( 4.2%) |
| Median Home Value | $398,697 |
| Average Home Value | $528,309 |
Housing Distribution
Address Breakdown
Residential
10,284
Single Family
8,140
Multi-Family
2,144
Businesses
265
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
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85303, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,710 (100%) |
| Owner Occupied HU | 6,735 (57.5%) |
| Renter Occupied HU | 4,487 (38.3%) |
| Vacant Housing Units | 488 ( 4.2%) |
| Median Home Value | $398,697 |
| Average Home Value | $528,309 |
Housing Distribution
Address Breakdown
Residential
10,284
Single Family
8,140
Multi-Family
2,144
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices