3010 Montrose Ave APT 33GlendaleCA91214
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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 Glendale at 3010 Montrose Ave APT 33, Glendale, CA, 91214 offers a 6.32% rental yield on a $509,000 purchase with $2,682/mo rent. 72% in year one. Equity gained on principal adds $3,285/yr while 5% annual appreciation supports $140,627 over five years. Portfolio math shows five-year ROI at 85.7% and total cumulative return in cash at $143,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,682/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
1.19 Acres lot
$N/A/sqft
No 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
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Listed by: Steward Hsieh • Realty ONE Group Southwest
Mls Name: CRMLS
Mls ID: #SW25246444