720 W California AveGlendaleCA91203
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
Investment Highlights
Rental property for sale in Glendale at 720 W California Ave, Glendale, CA, 91203 priced at $1,183,338 converts $3,526/mo rent into after a $5,792/mo obligation. Total monthly income equals $3,526/mo. Return on cash invested prints 7.38% in year one, and rental yield reads 3.58% against a $1,183,338 entry. Equity gained on principal adds $7,636/yr, while 5% annual appreciation compiles into $326,934 by year five. Five-year ROI reaches 35.97% and total cumulative return in cash sums $137,904. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,526/mo property income covering a $5,792/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A