100 Palmetto Dr APT 1PasadenaCA91105
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
Investment property for sale in Pasadena at 100 Palmetto Dr APT 1, Pasadena, CA, 91105 offers a 8.02% rental yield on a $574,000 purchase with $3,834/mo rent. Total monthly income registers $3,834/mo, and a $2,809/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,403/yr on $188,846 to close, and return on cash invested stands at 21.86% in year one. Equity gained on principal adds $3,704/yr while 5% annual appreciation supports $158,586 over five years. Portfolio math shows five-year ROI at 113.28% and total cumulative return in cash at $213,933. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,834/mo property income against a $2,809/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
1,890 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91105, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,775 (52.3%) |
| Renter Occupied HU | 2,956 (41.0%) |
| Vacant Housing Units | 481 ( 6.7%) |
| Median Home Value | $1,606,126 |
| Average Home Value | $1,616,411 |
Housing Distribution
Address Breakdown
Residential
6,607
Single Family
3,772
Multi-Family
2,835
Businesses
1,300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Engler • COMPASS
Mls Name: CRMLS
Mls ID: #P1-24139