7240 W Los Gatos DrGlendaleAZ85310
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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
Investment property for sale in Glendale at 7240 W Los Gatos Dr, Glendale, AZ, 85310 uses $195,755 cash to close to unlock $2,269/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $3,731/mo, and a $2,912/mo payment keeps the spread at $189/mo. Purchase price stands at $595,000, and rental yield measures 7.52% with $3,731/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 109.55% and total cumulative return in cash records $214,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,731/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1994
7,701 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85310, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,153 (100%) |
| Owner Occupied HU | 6,259 (87.5%) |
| Renter Occupied HU | 767 (10.7%) |
| Vacant Housing Units | 127 ( 1.8%) |
| Median Home Value | $549,853 |
| Average Home Value | $622,899 |
Housing Distribution
Address Breakdown
Residential
7,325
Single Family
7,001
Multi-Family
324
Businesses
159
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