7216 N 124th LnGlendaleAZ85307
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 7216 N 124th Ln, Glendale, AZ, 85307 listed at $420,000 pairs $2,544/mo rent with a $2,056/mo payment. Total monthly income runs $2,544/mo. Return on cash invested measures 19.75% in year one, and rental yield registers 7.27% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 101.88% and total cumulative return in cash totals $141,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,544/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
5,667 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85307, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,150 (100%) |
| Owner Occupied HU | 3,147 (44.0%) |
| Renter Occupied HU | 3,282 (45.9%) |
| Vacant Housing Units | 721 (10.1%) |
| Median Home Value | $441,600 |
| Average Home Value | $478,176 |
Housing Distribution
Address Breakdown
Residential
5,062
Single Family
2,208
Multi-Family
2,854
Businesses
236
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