350 Burchett St APT 111GlendaleCA91203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 350 Burchett St APT 111, Glendale, CA, 91203 in Glendale speaks for itself: 10.61% gross on a $649,000 price, generating $5,738/mo in rent and $1,292/mo in net income after the $2,918/mo debt service. DSCR 1.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,499 stacks alongside $179,307 in projected five-year appreciation and $5,977/yr in principal reduction. Projected total cumulative return: $331,075.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.5% |
| Monthly Cash Flow | $1,292 | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,738 |
| Total Monthly Debt Service | $4,189 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1984
0.70 Acres lot
$N/A/sqft
$432 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91203, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,270 (100%) |
| Owner Occupied HU | 1,275 (15.4%) |
| Renter Occupied HU | 6,354 (76.8%) |
| Vacant Housing Units | 641 ( 7.8%) |
| Median Home Value | $789,241 |
| Average Home Value | $805,876 |
Housing Distribution
Address Breakdown
Residential
8,024
Single Family
1,976
Multi-Family
6,048
Businesses
1,280
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
Condo
Built in 1984
0.70 Acres lot
$N/A/sqft
$432 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91203, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,270 (100%) |
| Owner Occupied HU | 1,275 (15.4%) |
| Renter Occupied HU | 6,354 (76.8%) |
| Vacant Housing Units | 641 ( 7.8%) |
| Median Home Value | $789,241 |
| Average Home Value | $805,876 |
Housing Distribution
Address Breakdown
Residential
8,024
Single Family
1,976
Multi-Family
6,048
Businesses
1,280
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices