1340 Glenwood Rd UNIT 28GlendaleCA91201
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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 1340 Glenwood Rd UNIT 28, Glendale, CA, 91201 listed at $639,000 pairs $3,678/mo rent with a $3,128/mo payment. Total monthly income runs $3,678/mo. Return on cash invested measures 18.49% in year one, and rental yield registers 6.91% at a $639,000 basis. Equity gained on principal adds $4,123/yr, and annual property appreciation at 5% supports $176,544 by year five. Five-year ROI tracks 95.19% and total cumulative return in cash totals $200,128. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,678/mo property income relative to a $3,128/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
0.86 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: JONATHAN CHEN • EXP REALTY OF SOCAL
Mls Name: CRMLS
Mls ID: #WS25175164