1215 Spazier AveGlendaleCA91201
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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
Rental property for sale in Glendale at 1215 Spazier Ave, Glendale, CA, 91201 generates $5,836/mo in rent, after a $7,341/mo payment. Total monthly income is $5,836/mo. Return on cash invested sits at 11.87% in year one, and rental yield is 4.67% on a $1,499,900 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,395 over five years. Five-year ROI reaches 59.63% and total cumulative return in cash sums $289,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,836/mo property income rather than buyer’s personal income.
Single Family
Built in 1932
7,445 sqft 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
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Listed by: Matthew Helganz • Meridian Capital Realty
Mls Name: CRMLS
Mls ID: #P1-23052