300 N El Molino Ave UNIT 201PasadenaCA91101
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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 300 N El Molino Ave UNIT 201, Pasadena, CA, 91101 generates $3,226/mo in rent and, after a $2,325/mo payment, leaves $287/mo in cash flow. Total monthly income is $3,226/mo, and annual cash flow is $3,449/yr on $157,463 invested. Return on cash invested sits at 22.1% in year one, and rental yield is 8.15% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 114.6% and total cumulative return in cash sums $180,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,226/mo property income rather than buyer’s personal income.
Condo
Built in 1987
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: Diane Lasell • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #P1-23456