1935 Alpha Rd UNIT 112GlendaleCA91208
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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 1935 Alpha Rd UNIT 112, Glendale, CA, 91208 uses $262,871 cash to close to unlock $9,707/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $5,752/mo, and a $3,911/mo payment keeps the spread at $809/mo. Purchase price stands at $799,000, and rental yield measures 8.64% with $5,752/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 123.41% and total cumulative return in cash records $324,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,752/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Condo
Built in 1969
5.03 Acres 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
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Listed by: Steve Hovakimyan • City Center Realty Group
Mls Name: GAVAR
Mls ID: #25007522