6923 S 37th GlnPhoenixAZ85041
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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 Phoenix at 6923 S 37th Gln, Phoenix, AZ, 85041 offers a 8.82% rental yield on a $401,700 purchase with $2,951/mo rent. Total monthly income registers $2,951/mo, and a $1,966/mo payment leaves $577/mo available for distribution. Annual cash flow reaches $6,919/yr on $133,164 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $2,592/yr while 5% annual appreciation supports $110,982 over five years. Portfolio math shows five-year ROI at 130.34% and total cumulative return in cash at $173,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,951/mo property income against a $1,966/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
4,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85041, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,096 (100%) |
| Owner Occupied HU | 14,738 (69.9%) |
| Renter Occupied HU | 5,699 (27.0%) |
| Vacant Housing Units | 659 ( 3.1%) |
| Median Home Value | $393,856 |
| Average Home Value | $511,661 |
Housing Distribution
Address Breakdown
Residential
20,027
Single Family
12,767
Multi-Family
7,260
Businesses
445
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