230 S Madison Ave APT 202PasadenaCA91101
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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 Pasadena at 230 S Madison Ave APT 202, Pasadena, CA, 91101 offers a 6.7% rental yield on a $708,000 purchase with $3,952/mo rent. 86% in year one. Equity gained on principal adds $4,569/yr while 5% annual appreciation supports $195,607 over five years. Portfolio math shows five-year ROI at 91.81% and total cumulative return in cash at $213,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,952/mo property income against a $3,465/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91101, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,091 (100%) |
| Owner Occupied HU | 2,085 (17.2%) |
| Renter Occupied HU | 8,917 (73.7%) |
| Vacant Housing Units | 1,089 ( 9.0%) |
| Median Home Value | $825,284 |
| Average Home Value | $895,748 |
Housing Distribution
Address Breakdown
Residential
11,850
Single Family
2,228
Multi-Family
9,622
Businesses
2,027
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Listed by: Betty Chen • Titan One Real Estate
Mls Name: CRMLS
Mls ID: #AR25234079