8831 N 63rd DrGlendaleAZ85302
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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 8831 N 63rd Dr, Glendale, AZ, 85302 listed at $375,000 pairs $2,306/mo rent with a $1,835/mo payment to leave $67/mo cash flow. Total monthly income runs $2,306/mo, and annual cash flow reaches $801/yr on $124,313 cash to close. Return on cash invested measures 20.55% in year one, and rental yield registers 7.38% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 106.01% and total cumulative return in cash totals $131,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,306/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
6,011 sqft lot
$N/A/sqft
$69 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85302, Glendale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,320 (100%) |
| Owner Occupied HU | 9,143 (56.0%) |
| Renter Occupied HU | 6,534 (40.0%) |
| Vacant Housing Units | 643 ( 3.9%) |
| Median Home Value | $388,874 |
| Average Home Value | $428,644 |
Housing Distribution
Address Breakdown
Residential
16,153
Single Family
10,341
Multi-Family
5,812
Businesses
493
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