429 E Providencia Ave APT BBurbankCA91501
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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 429 E Providencia Ave APT B, Burbank, CA, 91501 priced at $749,900 converts $4,104/mo rent into after a $3,670/mo obligation. Total monthly income equals $4,104/mo. Return on cash invested prints 17.46% in year one, and rental yield reads 6.57% against a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation compiles into $207,184 by year five. Five-year ROI reaches 89.67% and total cumulative return in cash sums $221,242. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,104/mo property income covering a $3,670/mo payment, not borrower’s personal income.
Townhouse
Built in 1977
7,502 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: John Jansen • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #SR25155003