1211 E Lexington StPasadenaCA91104
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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 Pasadena at 1211 E Lexington St, Pasadena, CA, 91104 generates $3,506/mo in rent, after a $5,624/mo payment. Total monthly income is $3,506/mo. Return on cash invested sits at 8.76% in year one, and rental yield is 3.66% on a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation builds toward $317,448 over five years. Five-year ROI reaches 42.94% and total cumulative return in cash sums $159,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,506/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,371 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91104, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,264 (100%) |
| Owner Occupied HU | 6,732 (50.8%) |
| Renter Occupied HU | 5,915 (44.6%) |
| Vacant Housing Units | 617 ( 4.7%) |
| Median Home Value | $1,062,897 |
| Average Home Value | $1,149,037 |
Housing Distribution
Address Breakdown
Residential
13,388
Single Family
10,825
Multi-Family
2,563
Businesses
584
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Listed by: Alexander Lozano • The Agency
Mls Name: CRMLS
Mls ID: #P1-23893