7122 N 68th DrGlendaleAZ85303
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
Investment property for sale in Glendale at 7122 N 68th Dr, Glendale, AZ, 85303 offers a 9.48% rental yield on a $100,000 purchase with $790/mo rent. Total monthly income registers $790/mo, and a $489/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,392/yr on $33,150 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 141.3% and total cumulative return in cash at $46,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $790/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1968
7,192 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: Brian Keller • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6871282
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