2940 N Verdugo Rd UNIT 411GlendaleCA91208
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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 2940 N Verdugo Rd UNIT 411, Glendale, CA, 91208 listed at $485,000 pairs $2,836/mo rent with a $2,374/mo payment. Total monthly income runs $2,836/mo. Return on cash invested measures 18.68% in year one, and rental yield registers 7.02% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 96.25% and total cumulative return in cash totals $154,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,836/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A 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: Linda Seyffert • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #P1-23002