418 E Harvard Rd APT DBurbankCA91501
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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 Burbank at 418 E Harvard Rd APT D, Burbank, CA, 91501 generates $3,125/mo in rent and, after a $2,423/mo payment, leaves $63/mo in cash flow. Total monthly income is $3,125/mo, and annual cash flow is $751/yr on $164,093 invested. Return on cash invested sits at 20.37% in year one, and rental yield is 7.58% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 105.3% and total cumulative return in cash sums $172,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
Condo
Built in 1960
8,137 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91501, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 2,828 (32.1%) |
| Renter Occupied HU | 5,593 (63.4%) |
| Vacant Housing Units | 400 ( 4.5%) |
| Median Home Value | $1,123,371 |
| Average Home Value | $1,206,507 |
Housing Distribution
Address Breakdown
Residential
8,709
Single Family
3,552
Multi-Family
5,157
Businesses
80
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Listed by: David Nalbandyan • LA Premier Realty
Mls Name: CRMLS
Mls ID: #BB25198623