2109 Marengo AveAltadenaCA91001
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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 Altadena at 2109 Marengo Ave, Altadena, CA, 91001 earns from $5,224/mo rent with a $7,586/mo payment. Total monthly income totals $5,224/mo. ROI tracks 9.94% on current figures, and rental yield reads 4.04% at a $1,550,000 purchase. Equity gained on principal adds $10,002/yr, and 5% annual appreciation supports $428,236 over five years. Five-year ROI reaches 49.29% and total cumulative return in cash sums $247,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,224/mo property income instead of your personal income.
Multi Family
Built in 1907
9,654 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91001, Altadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,169 (100%) |
| Owner Occupied HU | 5,080 (70.9%) |
| Renter Occupied HU | 1,836 (25.6%) |
| Vacant Housing Units | 253 ( 3.5%) |
| Median Home Value | $1,143,490 |
| Average Home Value | $1,251,023 |
Housing Distribution
Address Breakdown
Residential
13,055
Single Family
12,289
Multi-Family
766
Businesses
464
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Listed by: Brian Dombroski • Dombroski Realty
Mls Name: CRMLS
Mls ID: #FR25149341