241 Monterey Rd APT BSouth PasadenaCA91030
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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 South Pasadena at 241 Monterey Rd APT B, South Pasadena, CA, 91030 offers $5,132/mo rent that, after a $4,111/mo payment. Total monthly income is $5,132/mo. Return on cash invested measures 17.77% in year one, and rental yield stands at 7.33% at a $840,000 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,077 by year five. Five-year ROI records 92.07% and total cumulative return in cash reaches $254,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,132/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1990
0.37 Acres lot
$N/A/sqft
$463 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91030, South Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 4,673 (42.3%) |
| Renter Occupied HU | 5,849 (52.9%) |
| Vacant Housing Units | 534 ( 4.8%) |
| Median Home Value | $1,647,149 |
| Average Home Value | $1,623,642 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
6,565
Multi-Family
4,389
Businesses
733
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Listed by: Cesar Melendrez • Jason Mitchell Real Estate Ca
Mls Name: CLAW
Mls Provider:
Mls ID: #25548491
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-10-12 03:58:38 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.