1638 Santa Barbara AveGlendaleCA91208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1638 Santa Barbara Ave, Glendale, CA, 91208 in Glendale. At $1,999,000 it earns $13,652/mo in rent and distributes $1,286/mo to the owner after the $8,989/mo payment, a consistent 8.2% yield. DSCR 1.52 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $552,287 in value; $18,411/yr in principal paydown compounds ownership stake. Total projected return: $840,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $1,286 | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $13,652 |
| Total Monthly Debt Service | $11,571 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1932
7,529 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91208, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,030 (64.4%) |
| Renter Occupied HU | 2,001 (32.0%) |
| Vacant Housing Units | 226 ( 3.6%) |
| Median Home Value | $1,374,009 |
| Average Home Value | $1,424,107 |
Housing Distribution
Address Breakdown
Residential
6,355
Single Family
4,572
Multi-Family
1,783
Businesses
478
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 1932
7,529 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91208, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,030 (64.4%) |
| Renter Occupied HU | 2,001 (32.0%) |
| Vacant Housing Units | 226 ( 3.6%) |
| Median Home Value | $1,374,009 |
| Average Home Value | $1,424,107 |
Housing Distribution
Address Breakdown
Residential
6,355
Single Family
4,572
Multi-Family
1,783
Businesses
478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices