400 Monterey Rd UNIT 11GlendaleCA91206
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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 11, Glendale, CA, 91206 offers a 8.43% rental yield on a $798,000 purchase with $5,603/mo rent. Total monthly income registers $5,603/mo, and a $3,906/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,995/yr on $262,542 to close, and return on cash invested stands at 23.11% in year one. Equity gained on principal adds $5,149/yr while 5% annual appreciation supports $220,473 over five years. Portfolio math shows five-year ROI at 119.95% and total cumulative return in cash at $314,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,603/mo property income against a $3,906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
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: Ruzanna Varuzhanyan • Standard Home Realty
Mls Name: CRMLS
Mls ID: #SR25206814