7204 W McRae WayGlendaleAZ85308
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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 7204 W McRae Way, Glendale, AZ, 85308 offers $4,075/mo rent that, after a $2,594/mo payment, leaves $902/mo cash flow. Total monthly income is $4,075/mo, and annual cash flow is $10,826/yr on $174,370 cash. Return on cash invested measures 26.27% in year one, and rental yield stands at 9.23% at a $530,000 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,429 by year five. Five-year ROI records 136.66% and total cumulative return in cash reaches $238,303. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,075/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
6,566 sqft lot
$N/A/sqft
$240 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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