532 W Elk Ave UNIT 1GlendaleCA91204
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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 532 W Elk Ave UNIT 1, Glendale, CA, 91204 earns from $4,781/mo rent with a $4,841/mo payment. Total monthly income totals $4,781/mo. ROI tracks 15.13% on current figures, and rental yield reads 5.8% at a $989,000 purchase. Equity gained on principal adds $6,382/yr, and 5% annual appreciation supports $273,242 over five years. Five-year ROI reaches 77.17% and total cumulative return in cash sums $251,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,781/mo property income instead of your personal income.
Townhouse
Built in 2018
0.28 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: Reid C. Kaplan • Estate Properties
Mls Name: CLAW
Mls ID: #25631399