8062 W Palo Verde DrGlendaleAZ85303
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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 8062 W Palo Verde Dr, Glendale, AZ, 85303 priced at $399,000 pairs $3,157/mo rent with $798/mo cash flow after a $1,953/mo payment. Total monthly income equals $3,157/mo, and annual cash flow comes to $9,580/yr on $132,269 invested. Return on cash invested is 27.15% in year one, and rental yield stands at 9.49% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 141.33% and total cumulative return in cash reaches $186,938. For financing, Ziffy Mortgage’s DSCR program evaluates $3,157/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
5,976 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: Everardo M Chavez • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6766257
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