2 Northwoods LnGlendaleCA91214
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2 Northwoods Ln, Glendale, CA, 91214 in Glendale. At $959,000 it earns $7,494/mo in rent and distributes $815/mo to the owner after the $4,312/mo payment, a consistent 9.38% yield. DSCR 1.74 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $264,954 in value; $8,832/yr in principal paydown compounds ownership stake. Total projected return: $419,335.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $815 | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,494 |
| Total Monthly Debt Service | $6,298 |
| DSCR Ratio | 1.19x |
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.
Condo
Built in 1979
4.24 Acres lot
$N/A/sqft
$504 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91214, La Crescenta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 7,580 (69.5%) |
| Renter Occupied HU | 2,976 (27.3%) |
| Vacant Housing Units | 343 ( 3.1%) |
| Median Home Value | $1,121,355 |
| Average Home Value | $1,167,165 |
Housing Distribution
Address Breakdown
Residential
10,976
Single Family
9,135
Multi-Family
1,841
Businesses
743
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
Condo
Built in 1979
4.24 Acres lot
$N/A/sqft
$504 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91214, La Crescenta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 7,580 (69.5%) |
| Renter Occupied HU | 2,976 (27.3%) |
| Vacant Housing Units | 343 ( 3.1%) |
| Median Home Value | $1,121,355 |
| Average Home Value | $1,167,165 |
Housing Distribution
Address Breakdown
Residential
10,976
Single Family
9,135
Multi-Family
1,841
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices