1104 N Louise St #BGlendaleCA91207
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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 1104 N Louise St #B, Glendale, CA, 91207 offers a 8.56% rental yield on a $429,000 purchase with $3,059/mo rent. Total monthly income registers $3,059/mo, and a $2,100/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,858/yr on $142,214 to close, and return on cash invested stands at 23.33% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 121.15% and total cumulative return in cash at $172,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,059/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1947
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91207, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,337 (100%) |
| Owner Occupied HU | 2,544 (58.7%) |
| Renter Occupied HU | 1,644 (37.9%) |
| Vacant Housing Units | 149 ( 3.4%) |
| Median Home Value | $1,321,326 |
| Average Home Value | $1,377,914 |
Housing Distribution
Address Breakdown
Residential
4,207
Single Family
2,743
Multi-Family
1,464
Businesses
133
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Listed by: June Lee • Keller Williams R. E. Services
Mls Name: CRMLS
Mls ID: #GD25177150