1688 Locust StPasadenaCA91106
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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 1688 Locust St, Pasadena, CA, 91106 offers a 6.42% rental yield on a $985,000 purchase with $5,273/mo rent. 02% in year one. Equity gained on principal adds $6,356/yr while 5% annual appreciation supports $272,137 over five years. Portfolio math shows five-year ROI at 87.33% and total cumulative return in cash at $282,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,273/mo property income against a $4,821/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
8,344 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91106, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,390 (100%) |
| Owner Occupied HU | 3,817 (33.5%) |
| Renter Occupied HU | 6,904 (60.6%) |
| Vacant Housing Units | 669 ( 5.9%) |
| Median Home Value | $1,177,838 |
| Average Home Value | $1,342,656 |
Housing Distribution
Address Breakdown
Residential
11,650
Single Family
5,273
Multi-Family
6,377
Businesses
910
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Listed by: LUCY CLARKE • High Ten Partners, Inc.
Mls Name: CRMLS
Mls ID: #WS25165767