424 W Garfield AveGlendaleCA91204
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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
Investment Highlights
Rental property for sale in Glendale at 424 W Garfield Ave, Glendale, CA, 91204 priced at $1,099,000 pairs $4,267/mo rent with after a $5,379/mo payment. Total monthly income equals $4,267/mo. Return on cash invested is 11.84% in year one, and rental yield stands at 4.66% on a $1,099,000 basis. Equity gained on principal adds $7,092/yr, and 5% annual appreciation accumulates to $303,633 by year five. Five-year ROI measures 59.46% and total cumulative return in cash reaches $211,734. For financing, Ziffy Mortgage’s DSCR program evaluates $4,267/mo property income against a $5,379/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1922
7,657 sqft 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: Armen Khosrovian • NextHome Grandview
Mls Name: CRMLS
Mls ID: #GD25240376