1709 N Fair Oaks Ave UNIT 118PasadenaCA91103
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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 1709 N Fair Oaks Ave UNIT 118, Pasadena, CA, 91103 listed at $968,000 pairs $6,776/mo rent with a $4,738/mo payment to leave $788/mo cash flow. Total monthly income runs $6,776/mo, and annual cash flow reaches $9,452/yr on $318,472 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 8.4% at a $968,000 basis. Equity gained on principal adds $6,246/yr, and annual property appreciation at 5% supports $267,441 by year five. Five-year ROI tracks 119.53% and total cumulative return in cash totals $380,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,776/mo property income relative to a $4,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91103, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,296 (100%) |
| Owner Occupied HU | 4,346 (42.2%) |
| Renter Occupied HU | 5,434 (52.8%) |
| Vacant Housing Units | 516 ( 5.0%) |
| Median Home Value | $1,022,006 |
| Average Home Value | $1,253,582 |
Housing Distribution
Address Breakdown
Residential
9,640
Single Family
7,352
Multi-Family
2,288
Businesses
766
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Listed by: Teresa Choi • IRN Realty
Mls Name: CRMLS
Mls ID: #AR25185005