252 Palmetto DrPasadenaCA91105
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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 Pasadena at 252 Palmetto Dr, Pasadena, CA, 91105 offers $6,662/mo rent that, after a $6,730/mo payment. Total monthly income is $6,662/mo. Return on cash invested measures 15.4% in year one, and rental yield stands at 5.81% at a $1,375,000 entry. Equity gained on principal adds $8,873/yr while 5% annual appreciation compounds into $379,887 by year five. Five-year ROI records 78.57% and total cumulative return in cash reaches $350,034. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,662/mo property income versus a $6,730/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91105, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,775 (52.3%) |
| Renter Occupied HU | 2,956 (41.0%) |
| Vacant Housing Units | 481 ( 6.7%) |
| Median Home Value | $1,606,126 |
| Average Home Value | $1,616,411 |
Housing Distribution
Address Breakdown
Residential
6,607
Single Family
3,772
Multi-Family
2,835
Businesses
1,300
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Listed by: Larry Doan • Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #P1-23973