8874 N 48th LnGlendaleAZ85302
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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
Rental property for sale in Glendale at 8874 N 48th Ln, Glendale, AZ, 85302 generates $1,925/mo in rent and, after a $1,160/mo payment, leaves $524/mo in cash flow. Total monthly income is $1,925/mo, and annual cash flow is $6,289/yr on $78,566 invested. Return on cash invested sits at 27.91% in year one, and rental yield is 9.75% on a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 145.45% and total cumulative return in cash sums $114,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,925/mo property income rather than buyer’s personal income.
Condo
Built in 1999
1,742 sqft lot
$N/A/sqft
No 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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