246 Alpine St APT 5PasadenaCA91106
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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 246 Alpine St APT 5, Pasadena, CA, 91106 earns from $4,357/mo rent with a $3,769/mo payment. Total monthly income totals $4,357/mo. ROI tracks 18.13% on current figures, and rental yield reads 6.79% at a $770,000 purchase. Equity gained on principal adds $4,969/yr, and 5% annual appreciation supports $212,737 over five years. Five-year ROI reaches 93.29% and total cumulative return in cash sums $236,337. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,357/mo property income instead of your personal income.
Condo
Built in 1987
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91106, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,390 (100%) |
| Owner Occupied HU | 3,817 (33.5%) |
| Renter Occupied HU | 6,904 (60.6%) |
| Vacant Housing Units | 669 ( 5.9%) |
| Median Home Value | $1,177,838 |
| Average Home Value | $1,342,656 |
Housing Distribution
Address Breakdown
Residential
11,650
Single Family
5,273
Multi-Family
6,377
Businesses
910
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Listed by: Alexandra Waidley • Compass
Mls Name: CRMLS
Mls ID: #GD25214996