3331 Castera AveGlendaleCA91208
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3331 Castera Ave, Glendale, CA, 91208 in Glendale is capital appreciation. Rental yield 5.63%. The 5.63% gross yield at $945,714 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $261,283 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.04) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $250,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.5% |
| Monthly Cash Flow | $(1,698) | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,436 |
| Total Monthly Debt Service | $5,759 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
6,234 sqft 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1939
6,234 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A