8039 N 48th AveGlendaleAZ85302
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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 8039 N 48th Ave, Glendale, AZ, 85302 uses $99,284 cash to close to unlock $2,502/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $1,466/mo payment keeps the spread at $209/mo. Purchase price stands at $299,500, and rental yield measures 8.99% with $2,243/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 117.18% and total cumulative return in cash records $116,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $1,466/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
196 sqft lot
$N/A/sqft
$264 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85302, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,320 (100%) |
| Owner Occupied HU | 9,143 (56.0%) |
| Renter Occupied HU | 6,534 (40.0%) |
| Vacant Housing Units | 643 ( 3.9%) |
| Median Home Value | $388,874 |
| Average Home Value | $428,644 |
Housing Distribution
Address Breakdown
Residential
16,153
Single Family
10,341
Multi-Family
5,812
Businesses
493
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Listed by: Kevin Dempsey • Dempsey Group Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6810290
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