222 Monterey Rd UNIT 206GlendaleCA91206
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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
Total monthly income runs $4,964/mo, and a $6,338/mo payment. Purchase price stands at $1,295,000, and rental yield measures 4.6% with $4,964/mo rent. Return on cash invested shows 11.66% in year one, and 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 58.49% and total cumulative return in cash records $245,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,964/mo property income covering a $6,338/mo payment rather than investor’s personal income.
Condo
Built in 1982
0.88 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: Levon Satamian • Berkshire Hathaway Home Services Golden Properties
Mls Name: CRMLS
Mls ID: #PF25276747