408 E Del Mar BlvdPasadenaCA91101
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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 Pasadena at 408 E Del Mar Blvd, Pasadena, CA, 91101 offers $3,823/mo rent that, after a $2,937/mo payment, leaves $111/mo cash flow. Total monthly income is $3,823/mo, and annual cash flow is $1,332/yr on $197,400 cash. Return on cash invested measures 20.74% in year one, and rental yield stands at 7.65% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 107.23% and total cumulative return in cash reaches $211,668. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,823/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
2,573 sqft 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: Odette Peters • Coldwell Banker Hallmark
Mls Name: CRMLS
Mls ID: #GD25160366