8888 N 47th Ave APT 101GlendaleAZ85302
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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 8888 N 47th Ave APT 101, Glendale, AZ, 85302 earns $177/mo cash flow from $1,655/mo rent with a $1,224/mo payment. Total monthly income totals $1,655/mo, and annual cash flow totals $2,122/yr on $82,875 capital. ROI tracks 22.47% on current figures, and rental yield reads 7.94% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 116.21% and total cumulative return in cash sums $96,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,655/mo property income instead of your personal income.
Apartment
Built in 1986
164 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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