465 Alameda StAltadenaCA91001
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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 Altadena at 465 Alameda St, Altadena, CA, 91001 priced at $950,000 converts $5,514/mo rent into after a $4,650/mo obligation. Total monthly income equals $5,514/mo. Return on cash invested prints 18.67% in year one, and rental yield reads 6.97% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 96.13% and total cumulative return in cash sums $300,458. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,514/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 1927
6,586 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91001, Altadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,169 (100%) |
| Owner Occupied HU | 5,080 (70.9%) |
| Renter Occupied HU | 1,836 (25.6%) |
| Vacant Housing Units | 253 ( 3.5%) |
| Median Home Value | $1,143,490 |
| Average Home Value | $1,251,023 |
Housing Distribution
Address Breakdown
Residential
13,055
Single Family
12,289
Multi-Family
766
Businesses
464
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Listed by: Micah Baginski • GUIDE Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225056882