1241 Corona DrGlendaleCA91205
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1241 Corona Dr, Glendale, CA, 91205 in Glendale worth study. Rental yield 4.19%. The 4.19% gross yield is below cash-flow benchmarks at $1,299,900, but 5% annual appreciation, adding $359,138 over five years, frames this as a capital growth position. Rent of $4,539/mo partially offsets the $5,845/mo payment. Ziffy Mortgage finances appreciation-play properties (0.78 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $267,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.5% |
| Monthly Cash Flow | $(3,502) | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,539 |
| Total Monthly Debt Service | $7,524 |
| DSCR Ratio | 0.60x |
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.
Single Family
Built in 1963
3,493 sqft 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
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
Single Family
Built in 1963
3,493 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry Sun • RE/MAX Premier Properties
Mls Name: CRMLS
Mls ID: #AR26018366