1162 Winchester Ave APT KGlendaleCA91201
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 1162 Winchester Ave APT K, Glendale, CA, 91201 in Glendale offers a clean, manageable entry. Rental yield 6.66%. DSCR 1.24 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $220,473 in additional property value over five years, with $7,350/yr in principal equity building ownership stake. Total projected cumulative return: $270,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.5% |
| Monthly Cash Flow | $(955) | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,432 |
| Total Monthly Debt Service | $4,619 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1980
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91201, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,926 (100%) |
| Owner Occupied HU | 2,834 (31.7%) |
| Renter Occupied HU | 5,723 (64.1%) |
| Vacant Housing Units | 369 ( 4.1%) |
| Median Home Value | $1,092,640 |
| Average Home Value | $1,158,320 |
Housing Distribution
Address Breakdown
Residential
8,740
Single Family
4,496
Multi-Family
4,244
Businesses
953
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1980
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91201, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,926 (100%) |
| Owner Occupied HU | 2,834 (31.7%) |
| Renter Occupied HU | 5,723 (64.1%) |
| Vacant Housing Units | 369 ( 4.1%) |
| Median Home Value | $1,092,640 |
| Average Home Value | $1,158,320 |
Housing Distribution
Address Breakdown
Residential
8,740
Single Family
4,496
Multi-Family
4,244
Businesses
953
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Omar Bardumyan • Keller Williams Real Estate Services
Mls Name: CRMLS
Mls ID: #BB26009535