320 McHenry Rd UNIT 23GlendaleCA91206
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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 $3,193/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 6.44% with $3,193/mo rent. Return on cash invested shows 17.07% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 87.59% and total cumulative return in cash records $171,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,193/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 1979
1.03 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: Vahik Avanessian • NextHome Grandview
Mls Name: CRMLS
Mls ID: #GD26012888