450 W Dryden StGlendaleCA91202
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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
Rental property for sale in Glendale at 450 W Dryden St, Glendale, CA, 91202 priced at $630,000 converts $3,524/mo rent into after a $3,084/mo obligation. Total monthly income equals $3,524/mo. Return on cash invested prints 17.9% in year one, and rental yield reads 6.71% against a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,057 by year five. Five-year ROI reaches 92.02% and total cumulative return in cash sums $190,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,524/mo property income covering a $3,084/mo payment, not borrower’s personal income.
Condo
Built in 1993
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91202, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,243 (100%) |
| Owner Occupied HU | 3,789 (41.0%) |
| Renter Occupied HU | 5,070 (54.9%) |
| Vacant Housing Units | 384 ( 4.2%) |
| Median Home Value | $1,170,006 |
| Average Home Value | $1,225,873 |
Housing Distribution
Address Breakdown
Residential
9,164
Single Family
4,142
Multi-Family
5,022
Businesses
517
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Listed by: Kristine Avetisyan • JohnHart Real Estate
Mls Name: CRMLS
Mls ID: #BB25261896