6338 N 47th AveGlendaleAZ85301
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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 6338 N 47th Ave, Glendale, AZ, 85301 listed at $221,999 pairs $1,740/mo rent with a $1,087/mo payment to leave $180/mo cash flow. Total monthly income runs $1,740/mo, and annual cash flow reaches $2,164/yr on $73,593 cash to close. Return on cash invested measures 22.85% in year one, and rental yield registers 9.41% at a $221,999 basis. Equity gained on principal adds $1,433/yr, and annual property appreciation at 5% supports $61,334 by year five. Five-year ROI tracks 119.75% and total cumulative return in cash totals $88,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $1,087/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1978
1,921 sqft lot
$N/A/sqft
$247 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: Marcel V Fernandes • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6798120
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