6770 N 47th Ave UNIT 2002GlendaleAZ85301
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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 6770 N 47th Ave UNIT 2002, Glendale, AZ, 85301 earns $6/mo cash flow from $1,632/mo rent with a $1,346/mo payment. Total monthly income totals $1,632/mo, and annual cash flow totals $77/yr on $91,163 capital. ROI tracks 19.99% on current figures, and rental yield reads 7.12% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 102.95% and total cumulative return in cash sums $93,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,632/mo property income instead of your personal income.
Condo
Built in 2007
118 sqft lot
$N/A/sqft
No 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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