3003 W Riverside Dr UNIT 110BurbankCA91505
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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 Burbank at 3003 W Riverside Dr UNIT 110, Burbank, CA, 91505 generates $6,067/mo in rent and, after a $4,383/mo payment, leaves $527/mo in cash flow. Total monthly income is $6,067/mo, and annual cash flow is $6,328/yr on $294,620 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 8.13% on a $895,500 entry. Equity gained on principal adds $5,779/yr, while 5% annual appreciation builds toward $247,410 over five years. Five-year ROI reaches 115.14% and total cumulative return in cash sums $339,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,067/mo property income rather than buyer’s personal income.
Condo
Built in 2002
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91505, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,072 (100%) |
| Owner Occupied HU | 6,307 (44.8%) |
| Renter Occupied HU | 6,954 (49.4%) |
| Vacant Housing Units | 811 ( 5.8%) |
| Median Home Value | $964,090 |
| Average Home Value | $1,087,641 |
Housing Distribution
Address Breakdown
Residential
14,105
Single Family
9,841
Multi-Family
4,264
Businesses
1,774
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Listed by: Hendrick Torossian • Equity Union
Mls Name: CRMLS
Mls ID: #SR25243363