6623 N 85th AveGlendaleAZ85305
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
Investment Highlights
Investment property for sale in Glendale at 6623 N 85th Ave, Glendale, AZ, 85305 earns $90/mo cash flow from $2,641/mo rent with a $2,112/mo payment. Total monthly income totals $2,641/mo, and annual cash flow totals $1,084/yr on $143,042 capital. ROI tracks 20.67% on current figures, and rental yield reads 7.34% at a $431,500 purchase. Equity gained on principal adds $2,784/yr, and 5% annual appreciation supports $119,215 over five years. Five-year ROI reaches 106.55% and total cumulative return in cash sums $152,418. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,641/mo property income instead of your personal income.
Single Family
Built in 1993
6,447 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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Nearby investment properties with comparable prices
Listed by: Vernon Stevens • RE/MAX Professionals
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853850
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