424 Oak St UNIT 128GlendaleCA91204
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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 424 Oak St UNIT 128, Glendale, CA, 91204 earns from $3,412/mo rent with a $3,181/mo payment. Total monthly income totals $3,412/mo. ROI tracks 16.65% on current figures, and rental yield reads 6.3% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 85.31% and total cumulative return in cash sums $182,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,412/mo property income instead of your personal income.
Condo
Built in 1985
2.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91204, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,124 (100%) |
| Owner Occupied HU | 769 (10.8%) |
| Renter Occupied HU | 6,081 (85.4%) |
| Vacant Housing Units | 274 ( 3.8%) |
| Median Home Value | $835,119 |
| Average Home Value | $894,902 |
Housing Distribution
Address Breakdown
Residential
6,998
Single Family
2,106
Multi-Family
4,892
Businesses
1,661
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Listed by: Sargis Garibyan • Coldwell Banker Hallmark
Mls Name: CRMLS
Mls ID: #GD26010522