406 S Sparks StBurbankCA91506
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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 Burbank at 406 S Sparks St, Burbank, CA, 91506 earns from $5,657/mo rent with a $7,239/mo payment. Total monthly income totals $5,657/mo. ROI tracks 11.62% on current figures, and rental yield reads 4.59% at a $1,479,000 purchase. Equity gained on principal adds $9,544/yr, and 5% annual appreciation supports $408,620 over five years. Five-year ROI reaches 58.31% and total cumulative return in cash sums $279,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,657/mo property income instead of your personal income.
Single Family
Built in 1951
6,752 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
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Listed by: Bryan Ochse • Media West Realty,Inc.
Mls Name: CRMLS
Mls ID: #BB25206753