16 E Altadena DrAltadenaCA91001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Altadena rentals match the income profile of 16 E Altadena Dr, Altadena, CA, 91001. Listed at $759,000, gross rent is $8,231/mo and net cash flow is $3,535/mo, a 13.01% yield well above national averages. DSCR 2.41 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $209,698 by year five with $6,990/yr in annual principal reduction, projecting $515,312 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 5.8% |
| Monthly Cash Flow | $3,535 | $1,200 |
City averages based on Altadena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,231 |
| Total Monthly Debt Service | $4,393 |
| DSCR Ratio | 1.87x |
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 1946
6,608 sqft 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
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 1946
6,608 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices