1313 E Palm StAltadenaCA91001
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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 Altadena at 1313 E Palm St, Altadena, CA, 91001 offers a 3.99% rental yield on a $1,886,000 purchase with $6,271/mo rent. 77% in year one. Equity gained on principal adds $12,170/yr while 5% annual appreciation supports $521,067 over five years. Portfolio math shows five-year ROI at 48.38% and total cumulative return in cash at $295,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,271/mo property income against a $9,231/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91001, Altadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,169 (100%) |
| Owner Occupied HU | 5,080 (70.9%) |
| Renter Occupied HU | 1,836 (25.6%) |
| Vacant Housing Units | 253 ( 3.5%) |
| Median Home Value | $1,143,490 |
| Average Home Value | $1,251,023 |
Housing Distribution
Address Breakdown
Residential
13,055
Single Family
12,289
Multi-Family
766
Businesses
464
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Listed by: Norma Mardelli • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #P1-23453