6934 W McLellan RdGlendaleAZ85303
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
Rental property for sale in Glendale at 6934 W McLellan Rd, Glendale, AZ, 85303 priced at $419,000 converts $2,524/mo rent into $47/mo cash flow after a $2,051/mo obligation. Total monthly income equals $2,524/mo, and annual cash flow totals $564/yr on $138,899 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 7.23% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 104.68% and total cumulative return in cash sums $145,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,524/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 1986
6,678 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85303, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,710 (100%) |
| Owner Occupied HU | 6,735 (57.5%) |
| Renter Occupied HU | 4,487 (38.3%) |
| Vacant Housing Units | 488 ( 4.2%) |
| Median Home Value | $398,697 |
| Average Home Value | $528,309 |
Housing Distribution
Address Breakdown
Residential
10,284
Single Family
8,140
Multi-Family
2,144
Businesses
265
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Listed by: Jesse D. Conner • RE/MAX Fine Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6808980
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