8622 W Rancho DrGlendaleAZ85305
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 8622 W Rancho Dr, Glendale, AZ, 85305 in Glendale worth modelling. At $621,000 with a 7.57% gross yield, the $3,919/mo rent leaves $160/mo after the $2,792/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.40 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $171,571 by year five; $5,719/yr in principal reduction adds further equity. Total projected return: $245,440.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.5% |
| Monthly Cash Flow | $160 | $1,250 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,919 |
| Total Monthly Debt Service | $3,512 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
7,140 sqft lot
$N/A/sqft
$88 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2022
7,140 sqft lot
$N/A/sqft
$88 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Le • DeLex Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854352
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