6609 W JAMAICA Drive, Glendale, AZ 85306, Glendale, 85306 - 2 bed, 2 bath
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Glendale, AZ 85306
This Turnkey Income-Generating Townhouse is listed at $259,000, representing a stable entry point near its $248,481 Fair Market Value. Marketed as an investment-only asset, the property is currently leased at $1,600 per month, ensuring immediate cash flow. It maintains a Condition Rating of 3 with desirable vaulted ceilings, wood-style laminate flooring, and a private patio. Located within walking distance of Cactus High School (Rating 7), the asset benefits from high rental demand. This low-maintenance property is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6609 W JAMAICA Drive Subject | $259,000* List Price | 2 | 2 | 992 | $250 | - |
A 6602 W JAMAICA Drive Pending | $265,000 List Price | 3 | 2 | 1,200 | $221 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring recent updates such as wood-style laminate flooring and fresh neutral paint. While the kitchen cabinets and fluorescent ceiling light reflect an older style, the countertops and appliances appear functional and the vaulted ceilings add to the appeal. It meets the criteria for a well-maintained property with some updated components.
The property is currently leased at $1,600 per month, offering immediate cash flow and a ready-made opportunity for investors without the need for tenant acquisition.
The townhome features desirable wood-style laminate flooring, fresh neutral paint, and vaulted ceilings, creating a spacious and contemporary feel that appeals to modern renters.
The HOA covers essential utilities including water, sewer, and garbage fees, while providing access to a community pool and assigned covered parking, simplifying property management.
Marketed as 'Investment only' due to the existing lease, which limits the buyer pool by excluding traditional owner-occupants looking for a primary residence.
The $373 monthly association fee is relatively high compared to the listing price, which may impact the net return on investment and overall cap rate.
Investment only - Leased at $1600/month - Charming and centrally located 2 bedroom, one and half bath townhome near Canal System for walking and biking. Private back courtyard, wood style laminate flooring, freshly painted neutral and large vaulted ceiling bedrooms. Plenty of inside and outside storage. HOA covers water/sewer and garbage fees. Community Pool, Assigned covered parking -
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 7-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 992 | 978 | 50% |
| Lot Size | 706 | 847.5 | 50% |
| Price | $259.0K | $249.5K | 50% |
| Price per sq ft | $261 | $220 | 90% |
| Built year | 1984 | 1985 | 50% |
| HOA | $373 | $188 | 90% |
| Days on market | 202 | 1384 | 30% |
Oct 2, 2025
$259,000
Initial Listing