305 E Laurel AveSierra MadreCA91024
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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 Sierra Madre at 305 E Laurel Ave, Sierra Madre, CA, 91024 priced at $1,400,000 converts $6,192/mo rent into after a $6,852/mo obligation. Total monthly income equals $6,192/mo. Return on cash invested prints 13.84% in year one, and rental yield reads 5.31% against a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 70.19% and total cumulative return in cash sums $318,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,192/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Single Family
Built in 1913
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91024, Sierra Madre, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,041 (100%) |
| Owner Occupied HU | 2,946 (58.4%) |
| Renter Occupied HU | 1,843 (36.6%) |
| Vacant Housing Units | 252 ( 5.0%) |
| Median Home Value | $1,273,733 |
| Average Home Value | $1,355,042 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
3,979
Multi-Family
1,018
Businesses
284
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Listed by: Norman Haley • Norm Haley Real Estate
Mls Name: CRMLS
Mls ID: #P1-25184