468 Caruso AveGlendaleCA91210
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 468 Caruso Ave, Glendale, CA, 91210 in Glendale. At $1,199,900 it earns $8,146/mo in rent and distributes $723/mo to the owner after the $5,396/mo payment, a consistent 8.15% yield. DSCR 1.51 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $331,510 in value; $11,051/yr in principal paydown compounds ownership stake. Total projected return: $501,512.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $723 | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,146 |
| Total Monthly Debt Service | $6,945 |
| DSCR Ratio | 1.17x |
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.
Condo
Built in 2008
1,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91210, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 257 (100%) |
| Owner Occupied HU | 43 (16.7%) |
| Renter Occupied HU | 175 (68.1%) |
| Vacant Housing Units | 39 (15.2%) |
| Median Home Value | $778,846 |
| Average Home Value | $783,663 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
253
Multi-Family
86
Businesses
338
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 2008
1,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91210, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 257 (100%) |
| Owner Occupied HU | 43 (16.7%) |
| Renter Occupied HU | 175 (68.1%) |
| Vacant Housing Units | 39 (15.2%) |
| Median Home Value | $778,846 |
| Average Home Value | $783,663 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
253
Multi-Family
86
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arthur Ambarchyan • Keller Williams R. E. Services
Mls Name: CRMLS
Mls ID: #GD25111725