3616 Mesa Lila LnGlendaleCA91208
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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 3616 Mesa Lila Ln, Glendale, CA, 91208 generates $6,175/mo in rent, after a $9,544/mo payment. Total monthly income is $6,175/mo. Return on cash invested sits at 9.19% in year one, and rental yield is 3.8% on a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 45.24% and total cumulative return in cash sums $285,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.51 Acres 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
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Listed by: Durette Lively • WHEELER STEFFEN SOTHEBY'S INT.
Mls Name: CRMLS
Mls ID: #CV25155958