612 N Columbus Ave APT 101GlendaleCA91203
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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
Total monthly income runs $3,905/mo, and a $3,353/mo payment. Purchase price stands at $685,000, and rental yield measures 6.84% with $3,905/mo rent. Return on cash invested shows 18.29% in year one, and 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 94.13% and total cumulative return in cash records $212,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,905/mo property income covering a $3,353/mo payment rather than investor’s personal income.
Condo
Built in 1988
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91203, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,270 (100%) |
| Owner Occupied HU | 1,275 (15.4%) |
| Renter Occupied HU | 6,354 (76.8%) |
| Vacant Housing Units | 641 ( 7.8%) |
| Median Home Value | $789,241 |
| Average Home Value | $805,876 |
Housing Distribution
Address Breakdown
Residential
8,024
Single Family
1,976
Multi-Family
6,048
Businesses
1,280
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Listed by: Tony Tatousian • REMAX OPTIMA
Mls Name: CRMLS
Mls ID: #BB25246829