2117 Madison 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
Rental property for sale in Altadena at 2117 Madison Ave, Altadena, CA, 91001 generates $5,453/mo in rent, after a $4,890/mo payment. Total monthly income is $5,453/mo. Return on cash invested sits at 17.4% in year one, and rental yield is 6.55% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 89.37% and total cumulative return in cash sums $293,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,453/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
7,784 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: Pei Chang • Berkshire Hathaway Home Servic
Mls Name: CRMLS
Mls ID: #P1-23753