353 W Providencia AveBurbankCA91506
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 353 W Providencia Ave, Burbank, CA, 91506 in Burbank aligned with their strategy. Rental yield 7.25%. DSCR 1.34 and 7.25% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $9,026/yr in paydown build toward a projected cumulative return of $346,598.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.0% |
| Monthly Cash Flow | $(406) | $300 |
City averages based on Burbank market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,921 |
| Total Monthly Debt Service | $5,937 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1942
4,620 sqft 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
Single Family
Built in 1942
4,620 sqft 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