1018 E Verdugo AveBurbankCA91501
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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 Burbank at 1018 E Verdugo Ave, Burbank, CA, 91501 generates $4,688/mo in rent, after a $5,873/mo payment. Total monthly income is $4,688/mo. Return on cash invested sits at 11.93% in year one, and rental yield is 4.69% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 59.94% and total cumulative return in cash sums $233,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,688/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
7,502 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91501, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 2,828 (32.1%) |
| Renter Occupied HU | 5,593 (63.4%) |
| Vacant Housing Units | 400 ( 4.5%) |
| Median Home Value | $1,123,371 |
| Average Home Value | $1,206,507 |
Housing Distribution
Address Breakdown
Residential
8,709
Single Family
3,552
Multi-Family
5,157
Businesses
80
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Listed by: Philip Keppel • Media West Realty,Inc.
Mls Name: CRMLS
Mls ID: #BB25196899