224 W Elmwood AveBurbankCA91502
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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 Burbank at 224 W Elmwood Ave, Burbank, CA, 91502 priced at $608,109 pairs $3,898/mo rent with after a $2,976/mo payment. Total monthly income equals $3,898/mo. Return on cash invested is 19.71% in year one, and rental yield stands at 7.69% on a $608,109 basis. Equity gained on principal adds $3,924/yr, and 5% annual appreciation accumulates to $168,009 by year five. Five-year ROI measures 102.13% and total cumulative return in cash reaches $204,338. For financing, Ziffy Mortgage’s DSCR program evaluates $3,898/mo property income against a $2,976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
6,652 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91502, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,489 (100%) |
| Owner Occupied HU | 744 (13.6%) |
| Renter Occupied HU | 4,518 (82.3%) |
| Vacant Housing Units | 227 ( 4.1%) |
| Median Home Value | $829,310 |
| Average Home Value | $879,603 |
Housing Distribution
Address Breakdown
Residential
5,398
Single Family
989
Multi-Family
4,409
Businesses
1,891
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Listed by: N/A • N/A
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