8622 W Rancho DrGlendaleAZ85305
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
Investment Highlights
Investment property for sale in Glendale at 8622 W Rancho Dr, Glendale, AZ, 85305 earns $161/mo cash flow from $3,919/mo rent with a $3,039/mo payment. Total monthly income totals $3,919/mo, and annual cash flow totals $1,928/yr on $204,309 capital. ROI tracks 21% on current figures, and rental yield reads 7.57% at a $621,000 purchase. Equity gained on principal adds $4,007/yr, and 5% annual appreciation supports $171,571 over five years. Five-year ROI reaches 108.5% and total cumulative return in cash sums $221,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,919/mo property income instead of your personal income.
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
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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