286 N Madison Ave UNIT 412PasadenaCA91101
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.46% yield at 286 N Madison Ave UNIT 412, Pasadena, CA, 91101 in Pasadena is solid, but the $3,139/mo payment compresses net cash flow to $22/mo at $698,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $192,845 by year five, and $6,429/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.38) without U.S. income documentation. Total projected return: $266,081.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.0% |
| Monthly Cash Flow | $22 | $300 |
City averages based on Pasadena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,340 |
| Total Monthly Debt Service | $4,040 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Reed • Sotheby's International Realty, Inc.
Mls Name: CRMLS
Mls ID: #P1-23207