408 Burchett St UNIT 5GlendaleCA91203
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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 408 Burchett St UNIT 5, Glendale, CA, 91203 earns from $3,314/mo rent with a $3,402/mo payment. Total monthly income totals $3,314/mo. ROI tracks 14.89% on current figures, and rental yield reads 5.72% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 75.88% and total cumulative return in cash sums $173,514. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,314/mo property income instead of your personal income.
Condo
Built in 1980
0.55 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: Raz Zadorian • Rockwell Properties
Mls Name: CRMLS
Mls ID: #GD25186307