1127 E Del Mar Blvd APT 114PasadenaCA91106
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
Rental property for sale in Pasadena at 1127 E Del Mar Blvd APT 114, Pasadena, CA, 91106 generates $4,414/mo in rent and, after a $2,936/mo payment, leaves $703/mo in cash flow. Total monthly income is $4,414/mo, and annual cash flow is $8,438/yr on $197,367 invested. Return on cash invested sits at 24.34% in year one, and rental yield is 8.83% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 126.55% and total cumulative return in cash sums $249,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,414/mo property income rather than buyer’s personal income.
Condo
Built in 1967
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91106, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,390 (100%) |
| Owner Occupied HU | 3,817 (33.5%) |
| Renter Occupied HU | 6,904 (60.6%) |
| Vacant Housing Units | 669 ( 5.9%) |
| Median Home Value | $1,177,838 |
| Average Home Value | $1,342,656 |
Housing Distribution
Address Breakdown
Residential
11,650
Single Family
5,273
Multi-Family
6,377
Businesses
910
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Helganz • Meridian Capital Realty
Mls Name: CRMLS
Mls ID: #P1-25114