250 N 1st StBurbankCA91502
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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 Burbank at 250 N 1st St, Burbank, CA, 91502 offers a 10.91% rental yield on a $297,700 purchase with $2,707/mo rent. Total monthly income registers $2,707/mo, and a $1,457/mo payment leaves $865/mo available for distribution. Annual cash flow reaches $10,386/yr on $98,688 to close, and return on cash invested stands at 30.43% in year one. Equity gained on principal adds $1,921/yr while 5% annual appreciation supports $82,249 over five years. Portfolio math shows five-year ROI at 159.29% and total cumulative return in cash at $157,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,707/mo property income against a $1,457/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Lena Sur • Best Realty & Investment, Inc.
Mls Name: CRMLS
Mls ID: #SR26024223