250 N 1st St Unit 326BurbankCA91502
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 250 N 1st St Unit 326, Burbank, CA, 91502 in Burbank offers a clean, manageable entry. Rental yield 6.74%. DSCR 1.25 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $194,779 in additional property value over five years, with $6,493/yr in principal equity building ownership stake. Total projected cumulative return: $241,596.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.0% |
| Monthly Cash Flow | $(981) | $300 |
City averages based on Burbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,961 |
| Total Monthly Debt Service | $4,081 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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: N/A • N/A
Mls Name: CRMLS
Mls ID: #GD26056737