312 N Louise StGlendaleCA91206
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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
Rental property for sale in Glendale at 312 N Louise St, Glendale, CA, 91206 offers $3,228/mo rent that, after a $3,128/mo payment. Total monthly income is $3,228/mo. Return on cash invested measures 15.92% in year one, and rental yield stands at 6.06% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 81.42% and total cumulative return in cash reaches $171,160. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,228/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1960
0.43 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: Craig Martin • Pinnacle Estate Properties, Inc.
Mls Name: CRMLS
Mls ID: #SR25281745