8350 W Carole LnGlendaleAZ85305
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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 8350 W Carole Ln, Glendale, AZ, 85305 uses $185,852 cash to close to unlock $6,956/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $3,919/mo, and a $2,765/mo payment keeps the spread at $580/mo. Purchase price stands at $564,899, and rental yield measures 8.33% with $3,919/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $156,071 over five years. Five-year ROI reaches 123.32% and total cumulative return in cash records $229,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,919/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 2024
10,573 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85305, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,837 (100%) |
| Owner Occupied HU | 3,989 (50.9%) |
| Renter Occupied HU | 2,891 (36.9%) |
| Vacant Housing Units | 957 (12.2%) |
| Median Home Value | $497,807 |
| Average Home Value | $520,895 |
Housing Distribution
Address Breakdown
Residential
7,898
Single Family
2,868
Multi-Family
5,030
Businesses
371
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