250 N 1st StBurbankCA91502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 250 N 1st St, Burbank, CA, 91502 in Burbank earns a 10.91% gross yield at $297,700. Rent of $2,707/mo nets $326/mo after the $1,339/mo mortgage. The 2.02 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $82,249 and $2,742/yr in equity accumulation project a total cumulative return of $168,569.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $326 | $300 |
City averages based on Burbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,707 |
| Total Monthly Debt Service | $1,723 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
1.93 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
1.93 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lena Sur • Best Realty & Investment, Inc.
Mls Name: CRMLS
Mls ID: #SR26024223