9209 N 59th Ave UNIT 206GlendaleAZ85302
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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 9209 N 59th Ave UNIT 206, Glendale, AZ, 85302 offers a 9.32% rental yield on a $169,900 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $832/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $879/yr on $56,322 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 112.8% and total cumulative return in cash at $63,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1984
79 sqft lot
$N/A/sqft
$242 monthly 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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Listed by: Beth Jo Zeitzer • R.O.I. Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6847621
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