1229 Highland AveGlendaleCA91202
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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 1229 Highland Ave, Glendale, CA, 91202 offers a 5.04% rental yield on a $1,895,000 purchase with $7,961/mo rent. 02% in year one. Equity gained on principal adds $12,228/yr while 5% annual appreciation supports $523,554 over five years. Portfolio math shows five-year ROI at 65.79% and total cumulative return in cash at $403,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,961/mo property income against a $9,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
9,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91202, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,243 (100%) |
| Owner Occupied HU | 3,789 (41.0%) |
| Renter Occupied HU | 5,070 (54.9%) |
| Vacant Housing Units | 384 ( 4.2%) |
| Median Home Value | $1,170,006 |
| Average Home Value | $1,225,873 |
Housing Distribution
Address Breakdown
Residential
9,164
Single Family
4,142
Multi-Family
5,022
Businesses
517
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Listed by: Ruby Marcos • Keller Williams R. E. Services
Mls Name: CRMLS
Mls ID: #GD25160990