356 W California Ave APT 11GlendaleCA91203
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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 356 W California Ave APT 11, Glendale, CA, 91203 listed at $650,900 pairs $4,136/mo rent with a $3,186/mo payment to leave $109/mo cash flow. Total monthly income runs $4,136/mo, and annual cash flow reaches $1,311/yr on $214,146 cash to close. Return on cash invested measures 20.67% in year one, and rental yield registers 7.63% at a $650,900 basis. Equity gained on principal adds $4,200/yr, and annual property appreciation at 5% supports $179,832 by year five. Five-year ROI tracks 106.92% and total cumulative return in cash totals $228,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,136/mo property income relative to a $3,186/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
0.48 Acres lot
$N/A/sqft
No 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
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Listed by: Lucinda Bloom • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #OC25094999