1118 E Palmer Ave APT 205GlendaleCA91205
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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
Total monthly income runs $2,855/mo, and a $2,790/mo payment. Purchase price stands at $569,990, and rental yield measures 6.01% with $2,855/mo rent. Return on cash invested shows 15.77% in year one, and 5% annual appreciation builds toward $157,478 over five years. Five-year ROI reaches 80.58% and total cumulative return in cash records $151,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,855/mo property income covering a $2,790/mo payment rather than investor’s personal income.
Condo
Built in 1986
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91205, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 2,428 (16.2%) |
| Renter Occupied HU | 11,974 (80.1%) |
| Vacant Housing Units | 548 ( 3.7%) |
| Median Home Value | $915,631 |
| Average Home Value | $992,364 |
Housing Distribution
Address Breakdown
Residential
14,976
Single Family
4,824
Multi-Family
10,152
Businesses
1,216
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Listed by: Lawrence Laffer • Equity Union Real Estate
Mls Name: CSMAOR
Mls ID: #226000347