138 S Adams St APT 2GlendaleCA91205
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
Investment Highlights
Investment property for sale in Glendale at 138 S Adams St APT 2, Glendale, CA, 91205 offers a 7.25% rental yield on a $599,000 purchase with $3,620/mo rent. 54% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 100.84% and total cumulative return in cash at $198,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,620/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
8,280 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: Artin Sarkissian • The Art In Real Estate
Mls Name: CRMLS
Mls ID: #GD25187915