2031 N Pass AveBurbankCA91505
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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 Burbank at 2031 N Pass Ave, Burbank, CA, 91505 offers a 3.98% rental yield on a $1,675,000 purchase with $5,555/mo rent. 74% in year one. Equity gained on principal adds $10,809/yr while 5% annual appreciation supports $462,772 over five years. Portfolio math shows five-year ROI at 48.22% and total cumulative return in cash at $261,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,555/mo property income against a $8,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
6,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91505, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,072 (100%) |
| Owner Occupied HU | 6,307 (44.8%) |
| Renter Occupied HU | 6,954 (49.4%) |
| Vacant Housing Units | 811 ( 5.8%) |
| Median Home Value | $964,090 |
| Average Home Value | $1,087,641 |
Housing Distribution
Address Breakdown
Residential
14,105
Single Family
9,841
Multi-Family
4,264
Businesses
1,774
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Listed by: Alen Arutyunyan • LEAD Realty & Lending
Mls Name: CRMLS
Mls ID: #BB25275900