1324 N Pass AveBurbankCA91505
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1324 N Pass Ave, Burbank, CA, 91505 in Burbank. At $1,499,000 it earns $10,841/mo in rent and distributes $1,458/mo to the owner after the $6,740/mo payment, a consistent 8.68% yield. DSCR 1.61 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $414,146 in value; $13,806/yr in principal paydown compounds ownership stake. Total projected return: $662,680.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $1,458 | $300 |
City averages based on Burbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,841 |
| Total Monthly Debt Service | $8,787 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1941
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91505, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,072 (100%) |
| Owner Occupied HU | 6,307 (44.8%) |
| Renter Occupied HU | 6,954 (49.4%) |
| Vacant Housing Units | 811 ( 5.8%) |
| Median Home Value | $964,090 |
| Average Home Value | $1,087,641 |
Housing Distribution
Address Breakdown
Residential
14,105
Single Family
9,841
Multi-Family
4,264
Businesses
1,774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1941
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91505, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,072 (100%) |
| Owner Occupied HU | 6,307 (44.8%) |
| Renter Occupied HU | 6,954 (49.4%) |
| Vacant Housing Units | 811 ( 5.8%) |
| Median Home Value | $964,090 |
| Average Home Value | $1,087,641 |
Housing Distribution
Address Breakdown
Residential
14,105
Single Family
9,841
Multi-Family
4,264
Businesses
1,774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices