6605 93rd Ave UNIT 1035GlendaleAZ85305
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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 6605 93rd Ave UNIT 1035, Glendale, AZ, 85305 uses $102,434 cash to close to unlock $11,194/yr annual cash flow and $933/mo monthly cash flow. Total monthly income runs $2,759/mo, and a $1,512/mo payment keeps the spread at $933/mo. Purchase price stands at $309,000, and rental yield measures 10.71% with $2,759/mo rent. Return on cash invested shows 30.84% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 161.09% and total cumulative return in cash records $165,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,759/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
786 sqft lot
$N/A/sqft
No 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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