211 E California Ave UNIT B5GlendaleCA91206
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 211 E California Ave UNIT B5, Glendale, CA, 91206 earns $193/mo cash flow from $2,977/mo rent with a $2,203/mo payment. Total monthly income totals $2,977/mo, and annual cash flow totals $2,313/yr on $149,175 capital. ROI tracks 21.46% on current figures, and rental yield reads 7.94% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 111.15% and total cumulative return in cash sums $165,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,977/mo property income instead of your personal income.
Condo
Built in 1959
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91206, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,121 (100%) |
| Owner Occupied HU | 5,036 (35.7%) |
| Renter Occupied HU | 8,500 (60.2%) |
| Vacant Housing Units | 585 ( 4.1%) |
| Median Home Value | $1,179,804 |
| Average Home Value | $1,225,960 |
Housing Distribution
Address Breakdown
Residential
13,646
Single Family
5,744
Multi-Family
7,902
Businesses
645
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Listed by: Blanca Casas • Synergy Real Estate
Mls Name: CRMLS
Mls ID: #PW25251824