1236 N Columbus Ave UNIT 28GlendaleCA91202
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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 1236 N Columbus Ave UNIT 28, Glendale, CA, 91202 generates $3,733/mo in rent, after a $3,426/mo payment. Total monthly income is $3,733/mo. Return on cash invested sits at 16.95% in year one, and rental yield is 6.4% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 86.93% and total cumulative return in cash sums $200,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,733/mo property income rather than buyer’s personal income.
Condo
Built in 1974
0.77 Acres 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: Hamlet Sarkisyan • House of Real Estate & Mortgag
Mls Name: CRMLS
Mls ID: #GD25153531