1517 E Garfield Ave APT 98GlendaleCA91205
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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 1517 E Garfield Ave APT 98, Glendale, CA, 91205 generates $2,735/mo in rent and, after a $2,080/mo payment, leaves $106/mo in cash flow. Total monthly income is $2,735/mo, and annual cash flow is $1,272/yr on $140,888 invested. Return on cash invested sits at 20.81% in year one, and rental yield is 7.72% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 107.71% and total cumulative return in cash sums $151,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,735/mo property income rather than buyer’s personal income.
Condo
Built in 1975
3.09 Acres 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
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Listed by: Andrew Brown • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25569159