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$394,000

For Sale - Active
9714 N 55th Dr, Glendale, AZ 85302
3 Beds
2 Baths
1,352 Square Feet
0.17 Acres Lot
Built in 1972
For Sale - Active
Units n/a
Checked: 2 days ago
Updated: Jul 17, 2025 at 06:42AM

Investment Summary


Monthly Cash Flow
-$207
Cap Rate
5.0%
Cash-on-Cash Return
-2.7%
Debt Coverage Ratio
0.89
Internal Rate of Return (5 years)
1.3%

Property Description


0.17 Acres Lot
Built in 1972
For Sale - Active
Units n/a

Beautiful 3-Bedroom Home with Vaulted Ceilings, Sparkling Pool, and Prime Location Near GCC & ASU West. Designed for comfort and style, the spacious living room features vaulted ceilings, wood-look tile flooring, and a large picture window that fills the space with natural light. The updated kitchen opens to a bright dining area and boasts crisp white cabinetry and sleek stainless steel appliances—perfect for everyday living and entertaining. The primary suite offers direct access to the backyard through elegant French doors, along with an en suite bathroom and a walk-in closet outfitted with designer storage. Two additional bedrooms and a full bath provide plenty of space. Step outside to a backyard retreat with a large covered patio!! 2 car garage as well!!

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Location


Property Details


Parking

  • Description: Electric Door Opener
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Material: Composition
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 14822243
  • Lot Size: 7266 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1972

Tax Information

  • Annual Tax: $804

Utilities

  • Water & Sewer: Public
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling

Location

  • County: Maricopa

Listing Details


Listed by:
Sonia Silva
My Home Group Real Estate
(602) 475-3682

Source:
Arizona Regional Multiple Listing Service (ARMLS)
MLS#: 6882917
Arizona Regional Multiple Listing Service (ARMLS)

Investment Summary


Monthly Cash Flow
-$207
Cap Rate
5.0%
Cash-on-Cash Return
-2.7%
Debt Coverage Ratio
0.89
Internal Rate of Return (5 years)
1.3%

Purchase Details

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Purchase price:
$394,000
Amount financed:
-$315,200
Down payment:
$78,800
Closing costs:
$11,820
Rehab costs:
$0
Initial cash invested:
$90,620
Square feet:
1,352
Cost per square foot:
$291
Monthly rent per square foot:
$1.85

Financing Details

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Loan amount:
$315,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,865
Property tax:
$67
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,107

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (3%)
3%-$67-$804
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (28%)
28%-$692-$8,304

Cash Flow


Monthly Yearly
Net operating income:
$1,658 $19,896
Mortgage payments:
-$1,865 -$22,380
Cash flow:
$207 $2,484