6770 N 47th Ave UNIT 1022GlendaleAZ85301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 6770 N 47th Ave UNIT 1022, Glendale, AZ, 85301 in Glendale. At $218,000 it earns $1,970/mo in rent and distributes $402/mo to the owner after the $980/mo payment, a consistent 10.85% yield. DSCR 2.01 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $60,229 in value; $2,008/yr in principal paydown compounds ownership stake. Total projected return: $109,494.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.5% |
| Monthly Cash Flow | $402 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,970 |
| Total Monthly Debt Service | $1,482 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
117 sqft lot
$N/A/sqft
$280 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
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
Townhouse
Built in 2007
117 sqft lot
$N/A/sqft
$280 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
