411 Pioneer Dr UNIT 5GlendaleCA91203
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 411 Pioneer Dr UNIT 5, Glendale, CA, 91203 in Glendale: $5,298/mo in rent, $1,083/mo in net income, 9.8% gross yield, 1.82 DSCR, all at $649,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $179,307 in appreciation and $5,977/yr in principal paydown projects total cumulative return of $316,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.5% |
| Monthly Cash Flow | $1,083 | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,298 |
| Total Monthly Debt Service | $3,957 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1983
0.34 Acres lot
$N/A/sqft
$200 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
Townhouse
Built in 1983
0.34 Acres lot
$N/A/sqft
$200 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