400 Monterey Rd UNIT 10GlendaleCA91206
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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 400 Monterey Rd UNIT 10, Glendale, CA, 91206 earns from $4,864/mo rent with a $3,867/mo payment. Total monthly income totals $4,864/mo. ROI tracks 19.95% on current figures, and rental yield reads 7.39% at a $790,000 purchase. Equity gained on principal adds $5,098/yr, and 5% annual appreciation supports $218,262 over five years. Five-year ROI reaches 103.04% and total cumulative return in cash sums $267,804. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,864/mo property income instead of your personal income.
Condo
Built in 1984
0.62 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: Vartan Markarian • Markarian Realty
Mls Name: CRMLS
Mls ID: #GD25156214