2025 Meridian AveSouth PasadenaCA91030
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis South Pasadena rental at 2025 Meridian Ave, South Pasadena, CA, 91030 sits in the solid-income band: 9.16% gross yield, $12,209/mo rent, $2,311/mo net after the $7,195/mo debt service, DSCR 1.70. Entry price of $1,600,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $442,051 and $14,736/yr in principal reduction bring total cumulative return to $755,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.5% |
| Monthly Cash Flow | $2,311 | $1,200 |
City averages based on South Pasadena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,209 |
| Total Monthly Debt Service | $9,261 |
| DSCR Ratio | 1.32x |
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 1923
9,030 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91030, South Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 4,673 (42.3%) |
| Renter Occupied HU | 5,849 (52.9%) |
| Vacant Housing Units | 534 ( 4.8%) |
| Median Home Value | $1,647,149 |
| Average Home Value | $1,623,642 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
6,565
Multi-Family
4,389
Businesses
733
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 1923
9,030 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91030, South Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 4,673 (42.3%) |
| Renter Occupied HU | 5,849 (52.9%) |
| Vacant Housing Units | 534 ( 4.8%) |
| Median Home Value | $1,647,149 |
| Average Home Value | $1,623,642 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
6,565
Multi-Family
4,389
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices