6605 93rd Ave #1004GlendaleAZ85305
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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
Rental property for sale in Glendale at 6605 93rd Ave #1004, Glendale, AZ, 85305 generates $2,759/mo in rent and, after a $1,664/mo payment, leaves $332/mo in cash flow. Total monthly income is $2,759/mo, and annual cash flow is $3,982/yr on $112,708 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 9.74% on a $339,995 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,934 over five years. Five-year ROI reaches 123.04% and total cumulative return in cash sums $138,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,759/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
806 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85305, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,837 (100%) |
| Owner Occupied HU | 3,989 (50.9%) |
| Renter Occupied HU | 2,891 (36.9%) |
| Vacant Housing Units | 957 (12.2%) |
| Median Home Value | $497,807 |
| Average Home Value | $520,895 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
2,868
Multi-Family
5,030
Businesses
371
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Listed by: Stephanie Moser • Resident Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6745326
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