2660 Independence RdGlencoeCA95232
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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 Glencoe at 2660 Independence Rd, Glencoe, CA, 95232 uses $95,804 cash to close to unlock $3,452/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $2,076/mo, and a $1,415/mo payment keeps the spread at $288/mo. Purchase price stands at $289,000, and rental yield measures 8.62% with $2,076/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 122.18% and total cumulative return in cash records $117,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,076/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1968
17.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95232, Glencoe, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 113 (64.9%) |
| Renter Occupied HU | 15 ( 8.6%) |
| Vacant Housing Units | 46 (26.4%) |
| Median Home Value | $625,000 |
| Average Home Value | $659,513 |
Housing Distribution
Address Breakdown
Residential
30
Single Family
30
Multi-Family
0
Businesses
3
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Listed by: Gary Chefetz • Fathom Realty Group, Inc.
Mls Name: CRMLS
Mls ID: #V1-31036