472 Caruso AveGlendaleCA91210
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 472 Caruso Ave, Glendale, CA, 91210 in Glendale fits: $1,300,000, 4.28% gross yield, and a projected 5% annual appreciation rate adding $359,166 in value within five years. Rental yield 4.28%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.79) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $11,973/yr in principal paydown and $359,166 in appreciation project a total return of $273,766.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.5% |
| Monthly Cash Flow | $(5,105) | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,637 |
| Total Monthly Debt Service | $7,525 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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: N/A • N/A
Mls Name: CRMLS
Mls ID: #GD26070789