1015 N Michillinda Ave APT 209PasadenaCA91107
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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
Investment property for sale in Pasadena at 1015 N Michillinda Ave APT 209, Pasadena, CA, 91107 listed at $591,100 pairs $4,027/mo rent with a $2,893/mo payment. Total monthly income runs $4,027/mo. Return on cash invested measures 18.78% in year one, and rental yield registers 8.18% at a $591,100 basis. Equity gained on principal adds $3,814/yr, and annual property appreciation at 5% supports $163,310 by year five. Five-year ROI tracks 98.05% and total cumulative return in cash totals $190,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,027/mo property income relative to a $2,893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
0.54 Acres lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91107, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,032 (100%) |
| Owner Occupied HU | 7,722 (55.0%) |
| Renter Occupied HU | 5,537 (39.5%) |
| Vacant Housing Units | 773 ( 5.5%) |
| Median Home Value | $1,207,182 |
| Average Home Value | $1,300,880 |
Housing Distribution
Address Breakdown
Residential
13,994
Single Family
10,845
Multi-Family
3,149
Businesses
1,694
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Listed by: N/A • N/A
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Mls ID: #N/A