1127 E Del Mar Blvd APT 334PasadenaCA91106
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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 1127 E Del Mar Blvd APT 334, Pasadena, CA, 91106 uses $193,781 cash to close to unlock $5,750/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $4,123/mo, and a $2,883/mo payment keeps the spread at $479/mo. Purchase price stands at $589,000, and rental yield measures 8.4% with $4,123/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 119.54% and total cumulative return in cash records $231,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,123/mo property income covering a $2,883/mo payment rather than investor’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
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Listed by: Lance Tuazon • Bennion Deville Homes
Mls Name: CRMLS
Mls ID: #219140114DA