8427 W Glendale Ave #96GlendaleAZ85305
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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 8427 W Glendale Ave #96, Glendale, AZ, 85305 uses $39,449 cash to close to unlock $2,340/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $898/mo, and a $582/mo payment keeps the spread at $195/mo. Purchase price stands at $119,000, and rental yield measures 9.06% with $898/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 134.41% and total cumulative return in cash records $53,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $898/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
2,400 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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Listed by: Richard Chavez • A.Z. & Associates
Mls Name: ARMLS
Mls Provider:
Mls ID: #6840001
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