261 N Oak AvePasadenaCA91107
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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 261 N Oak Ave, Pasadena, CA, 91107 with 5% annual appreciation on a $1,655,000 basis while $6,786/mo rent supports operations. 65% in year one. Equity gained on principal adds $10,679/yr, and five-year appreciation sums $457,246 alongside rental yield of 4.92%. Five-year ROI measures 63.79% and total cumulative return in cash totals $342,063. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,786/mo property income versus a $8,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1913
8,737 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91107, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,032 (100%) |
| Owner Occupied HU | 7,722 (55.0%) |
| Renter Occupied HU | 5,537 (39.5%) |
| Vacant Housing Units | 773 ( 5.5%) |
| Median Home Value | $1,207,182 |
| Average Home Value | $1,300,880 |
Housing Distribution
Address Breakdown
Residential
13,994
Single Family
10,845
Multi-Family
3,149
Businesses
1,694
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Listed by: Mark Berger • Keller Williams Realty-Studio City
Mls Name: CRMLS
Mls ID: #SR25138805