5639 N 46th Ave Glendale, AZ 85301
3bd, 2ba | 1,464sqft | Built in 1973
investment property - 5639 N 46th Ave, Glendale, AZ 85301, Maricopa - image 0
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investment property - 5639 N 46th Ave, Glendale, AZ 85301, Maricopa - image 0
investment property - 5639 N 46th Ave, Glendale, AZ 85301, Maricopa - image 1
investment property - 5639 N 46th Ave, Glendale, AZ 85301, Maricopa - image 2
List Price
$208,000
Initial Investment : $212,206
Purchase Price
$208,000
Down Payment
100%
Rent
$1,400

Total Return
$86,891
Annualized Return
7.8%
Cap Rate
5.4%
Gross Yield
8.1%
Cash Flow
$10,653
Appreciation
3.9%
Features
Roofstock Certified
Occupancy
Month To Month
Lease Start
12/25/2019 
Lease End
M/M
Lot Size
7,022 
HOA
None
Flood Risk
Not Required
  • Seller replaced AC unit in January 2020 (new thermostat as well)
  • 2019 property rehabbed including: new roof, master bathroom, interior/exterior paint, resurfaced cabinets, kitchen backsplash and appliances
  • Respectful, clean tenant (option to commit to 12 month lease)

Annual Financial Highlight
Expected Rent
$15,960
Expenses
-$3,707
Property Taxes
-$1,600
Loan Payments
$0

Net Cash Flow
$10,653
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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