1202 Indiana AveSouth PasadenaCA91030
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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 South Pasadena at 1202 Indiana Ave, South Pasadena, CA, 91030 generates $3,410/mo in rent, after a $6,891/mo payment. Total monthly income is $3,410/mo. Return on cash invested sits at 6.43% in year one, and rental yield is 2.91% on a $1,408,000 entry. Equity gained on principal adds $9,086/yr, while 5% annual appreciation builds toward $389,004 over five years. Five-year ROI reaches 30.46% and total cumulative return in cash sums $138,947. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,410/mo property income rather than buyer’s personal income.
Condo
Built in 1971
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91030, South Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 4,673 (42.3%) |
| Renter Occupied HU | 5,849 (52.9%) |
| Vacant Housing Units | 534 ( 4.8%) |
| Median Home Value | $1,647,149 |
| Average Home Value | $1,623,642 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
6,565
Multi-Family
4,389
Businesses
733
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Listed by: LEI SHEN • Re/Max Premier Prop Arcadia
Mls Name: CRMLS
Mls ID: #WS26002644