815 Omar StGlendaleCA91202
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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
Rental property for sale in Glendale at 815 Omar St, Glendale, CA, 91202 priced at $935,000 pairs $4,606/mo rent with after a $4,576/mo payment. Total monthly income equals $4,606/mo. Return on cash invested is 15.47% in year one, and rental yield stands at 5.91% on a $935,000 basis. Equity gained on principal adds $6,033/yr, and 5% annual appreciation accumulates to $258,323 by year five. Five-year ROI measures 78.98% and total cumulative return in cash reaches $242,960. For financing, Ziffy Mortgage’s DSCR program evaluates $4,606/mo property income against a $4,576/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
6,035 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91202, Glendale, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,243 (100%) |
| Owner Occupied HU | 3,789 (41.0%) |
| Renter Occupied HU | 5,070 (54.9%) |
| Vacant Housing Units | 384 ( 4.2%) |
| Median Home Value | $1,170,006 |
| Average Home Value | $1,225,873 |
Housing Distribution
Address Breakdown
Residential
9,164
Single Family
4,142
Multi-Family
5,022
Businesses
517
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Listed by: Narek Karamian • NextHome Grandview
Mls Name: CRMLS
Mls ID: #GD25272719