6550 N 47th Ave UNIT 201GlendaleAZ85301
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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 6550 N 47th Ave UNIT 201, Glendale, AZ, 85301 listed at $214,500 pairs $1,632/mo rent with a $1,050/mo payment to leave $19/mo cash flow. Total monthly income runs $1,632/mo, and annual cash flow reaches $227/yr on $71,107 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 9.13% at a $214,500 basis. Equity gained on principal adds $1,384/yr, and annual property appreciation at 5% supports $59,262 by year five. Five-year ROI tracks 106.29% and total cumulative return in cash totals $75,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,632/mo property income relative to a $1,050/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1991
105 sqft lot
$N/A/sqft
$345 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: Neil Brooks • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6886043
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