1642 Pleasant WayPasadenaCA91105
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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 Pasadena at 1642 Pleasant Way, Pasadena, CA, 91105 offers a 4.69% rental yield on a $1,680,000 purchase with $6,562/mo rent. 92% in year one. Equity gained on principal adds $10,841/yr while 5% annual appreciation supports $464,153 over five years. Portfolio math shows five-year ROI at 59.91% and total cumulative return in cash at $326,128. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,562/mo property income against a $8,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
5,863 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91105, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,775 (52.3%) |
| Renter Occupied HU | 2,956 (41.0%) |
| Vacant Housing Units | 481 ( 6.7%) |
| Median Home Value | $1,606,126 |
| Average Home Value | $1,616,411 |
Housing Distribution
Address Breakdown
Residential
6,607
Single Family
3,772
Multi-Family
2,835
Businesses
1,300
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Listed by: Nate Cole • Modern California House
Mls Name: CLAW
Mls ID: #25591333