333 W Alameda Ave UNIT 103BurbankCA91506
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 333 W Alameda Ave UNIT 103, Burbank, CA, 91506 in Burbank offers a clean, manageable entry. Rental yield 7.28%. DSCR 1.35 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $178,202 in additional property value over five years, with $5,941/yr in principal equity building ownership stake. Total projected cumulative return: $239,557.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.0% |
| Monthly Cash Flow | $(78) | $300 |
City averages based on Burbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,912 |
| Total Monthly Debt Service | $3,733 |
| DSCR Ratio | 1.05x |
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 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91506, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,434 (100%) |
| Owner Occupied HU | 4,274 (50.7%) |
| Renter Occupied HU | 3,846 (45.6%) |
| Vacant Housing Units | 314 ( 3.7%) |
| Median Home Value | $1,082,195 |
| Average Home Value | $1,134,301 |
Housing Distribution
Address Breakdown
Residential
8,025
Single Family
6,074
Multi-Family
1,951
Businesses
911
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 1992
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91506, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,434 (100%) |
| Owner Occupied HU | 4,274 (50.7%) |
| Renter Occupied HU | 3,846 (45.6%) |
| Vacant Housing Units | 314 ( 3.7%) |
| Median Home Value | $1,082,195 |
| Average Home Value | $1,134,301 |
Housing Distribution
Address Breakdown
Residential
8,025
Single Family
6,074
Multi-Family
1,951
Businesses
911
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Schneider • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25588951