7015 W Ocotillo RdGlendaleAZ85303
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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
Rental property for sale in Glendale at 7015 W Ocotillo Rd, Glendale, AZ, 85303 generates $2,173/mo in rent and, after a $1,710/mo payment, leaves $108/mo in cash flow. Total monthly income is $2,173/mo, and annual cash flow is $1,295/yr on $115,793 invested. Return on cash invested sits at 21.03% in year one, and rental yield is 7.47% on a $349,300 entry. Equity gained on principal adds $2,254/yr, while 5% annual appreciation builds toward $96,505 over five years. Five-year ROI reaches 108.47% and total cumulative return in cash sums $125,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,173/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,207 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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