1245 Grandview Ave APT 4GlendaleCA91201
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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 1245 Grandview Ave APT 4, Glendale, CA, 91201 generates $4,950/mo in rent, after a $5,139/mo payment. Total monthly income is $4,950/mo. Return on cash invested sits at 14.92% in year one, and rental yield is 5.66% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 75.98% and total cumulative return in cash sums $258,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,950/mo property income rather than buyer’s personal income.
Condo
Built in 1990
0.25 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
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Listed by: Arena Zeynali • JohnHart Real Estate
Mls Name: JohnHart Real Estate
Mls ID: #GD25231326