409 Burchett St UNIT 110GlendaleCA91203
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing409 Burchett St UNIT 110, Glendale, CA, 91203 in Glendale is a stable, well-positioned rental at $549,988. Rental yield 6.83%. DSCR 1.27 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $151,952 in value and $5,065/yr in principal paydown builds equity, a total projected return of $156,062.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.5% |
| Monthly Cash Flow | $(856) | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,130 |
| Total Monthly Debt Service | $3,766 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
0.70 Acres lot
$N/A/sqft
$438 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
0.70 Acres lot
$N/A/sqft
$438 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices