355 S Madison AvePasadenaCA91101
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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
Investment property for sale in Pasadena at 355 S Madison Ave, Pasadena, CA, 91101 uses $169,435 cash to close to unlock $4,797/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $3,586/mo, and a $2,521/mo payment keeps the spread at $400/mo. Purchase price stands at $515,000, and rental yield measures 8.36% with $3,586/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 118.8% and total cumulative return in cash records $201,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,586/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Condo
Built in 1972
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: Tom Chang • BHHS California Properties
Mls Name: Berkshire Hathaway HomeServices CA Properties
Mls ID: #CV25240510