4640 Harriman AveSouth PasadenaCA91030
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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 South Pasadena at 4640 Harriman Ave, South Pasadena, CA, 91030 offers $6,076/mo rent that, after a $1,713/mo payment, leaves $3,911/mo cash flow. Total monthly income is $6,076/mo, and annual cash flow is $46,931/yr on $116,025 cash. Return on cash invested measures 60.36% in year one, and rental yield stands at 20.83% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 319.74% and total cumulative return in cash reaches $370,982. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,076/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
7,506 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91030, South Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 4,673 (42.3%) |
| Renter Occupied HU | 5,849 (52.9%) |
| Vacant Housing Units | 534 ( 4.8%) |
| Median Home Value | $1,647,149 |
| Average Home Value | $1,623,642 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
6,565
Multi-Family
4,389
Businesses
733
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Listed by: BENHUI DAI • MCE REALTY
Mls Name: CRMLS
Mls Provider:
Mls ID: #WS23038450
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information