6901 W Tonto DrGlendaleAZ85308
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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 6901 W Tonto Dr, Glendale, AZ, 85308 uses $207,270 cash to close to unlock $5,782/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $4,248/mo, and a $3,084/mo payment keeps the spread at $482/mo. Purchase price stands at $630,000, and rental yield measures 8.09% with $4,248/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash records $245,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,248/mo property income covering a $3,084/mo payment rather than investor’s personal income.
Single Family
Built in 1986
7,629 sqft lot
$N/A/sqft
$250 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85308, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,222 (100%) |
| Owner Occupied HU | 18,891 (69.4%) |
| Renter Occupied HU | 7,226 (26.5%) |
| Vacant Housing Units | 1,105 ( 4.1%) |
| Median Home Value | $477,381 |
| Average Home Value | $548,380 |
Housing Distribution
Address Breakdown
Residential
26,865
Single Family
21,851
Multi-Family
5,014
Businesses
1,620
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Listed by: Jeffrey Hoover • RealtyONEGroup Mountain Desert
Mls Name: ARMLS
Mls Provider:
Mls ID: #6855141
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