286 N Madison Ave UNIT 412PasadenaCA91101
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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 286 N Madison Ave UNIT 412, Pasadena, CA, 91101 uses $229,642 cash to close to unlock $269/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $4,340/mo, and a $3,416/mo payment keeps the spread at $22/mo. Purchase price stands at $698,000, and rental yield measures 7.46% with $4,340/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $192,845 over five years. Five-year ROI reaches 104.25% and total cumulative return in cash records $239,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,340/mo property income covering a $3,416/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91101, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,091 (100%) |
| Owner Occupied HU | 2,085 (17.2%) |
| Renter Occupied HU | 8,917 (73.7%) |
| Vacant Housing Units | 1,089 ( 9.0%) |
| Median Home Value | $825,284 |
| Average Home Value | $895,748 |
Housing Distribution
Address Breakdown
Residential
11,850
Single Family
2,228
Multi-Family
9,622
Businesses
2,027
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Listed by: Joseph Reed • Sotheby's International Realty, Inc.
Mls Name: CRMLS
Mls ID: #P1-23207