618 N Howard St UNIT 105GlendaleCA91206
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder618 N Howard St UNIT 105, Glendale, CA, 91206 in Glendale carries a 3.54 coverage ratio, rent of $4,229/mo is 3.54 times the $1,195/mo payment. Rental yield 7.99%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $265,738 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $73,419; total projected cumulative return: $220,197.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $(229) | $300 |
City averages based on Glendale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,229 |
| Total Monthly Debt Service | $2,321 |
| DSCR Ratio | 1.82x |
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 1988
0.99 Acres lot
$N/A/sqft
$699 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91206, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,121 (100%) |
| Owner Occupied HU | 5,036 (35.7%) |
| Renter Occupied HU | 8,500 (60.2%) |
| Vacant Housing Units | 585 ( 4.1%) |
| Median Home Value | $1,179,804 |
| Average Home Value | $1,225,960 |
Housing Distribution
Address Breakdown
Residential
13,646
Single Family
5,744
Multi-Family
7,902
Businesses
645
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 1988
0.99 Acres lot
$N/A/sqft
$699 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91206, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,121 (100%) |
| Owner Occupied HU | 5,036 (35.7%) |
| Renter Occupied HU | 8,500 (60.2%) |
| Vacant Housing Units | 585 ( 4.1%) |
| Median Home Value | $1,179,804 |
| Average Home Value | $1,225,960 |
Housing Distribution
Address Breakdown
Residential
13,646
Single Family
5,744
Multi-Family
7,902
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A