1300 S Lake StBurbankCA91502
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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 Burbank at 1300 S Lake St, Burbank, CA, 91502 generates $6,400/mo in rent, after a $6,113/mo payment. Total monthly income is $6,400/mo. Return on cash invested sits at 16.44% in year one, and rental yield is 6.15% on a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation builds toward $345,076 over five years. Five-year ROI reaches 84.12% and total cumulative return in cash sums $340,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
5,758 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91502, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,489 (100%) |
| Owner Occupied HU | 744 (13.6%) |
| Renter Occupied HU | 4,518 (82.3%) |
| Vacant Housing Units | 227 ( 4.1%) |
| Median Home Value | $829,310 |
| Average Home Value | $879,603 |
Housing Distribution
Address Breakdown
Residential
5,398
Single Family
989
Multi-Family
4,409
Businesses
1,891
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Listed by: Richard Wilkinson • Compass
Mls Name: CLAW
Mls ID: #25612599