1641 E Orange Grove BlvdPasadenaCA91104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.69% gross rental yield, 1641 E Orange Grove Blvd, Pasadena, CA, 91104 in Pasadena is priced for capital growth, not immediate cash flow. The $1,785,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $493,163 by year five, with $16,440/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.87) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $415,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 5.0% |
| Monthly Cash Flow | $(4,061) | $300 |
City averages based on Pasadena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,982 |
| Total Monthly Debt Service | $10,332 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1938
8,806 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
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 1938
8,806 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bevin Eustace • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #AR26029890