1023 E Elmwood 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
Total monthly income runs $4,356/mo, and a $6,730/mo payment. Purchase price stands at $1,375,000, and rental yield measures 3.8% with $4,356/mo rent. Return on cash invested shows 9.19% in year one, and 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 45.26% and total cumulative return in cash records $201,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,356/mo property income covering a $6,730/mo payment rather than investor’s personal income.
Single Family
Built in 1936
9,445 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: Marianna Manukyan • Berkshire Hathaway HomeServices Crest Real Estate
Mls Name: CRMLS
Mls ID: #P1-25581