480 S Orange Grove Blvd APT 7PasadenaCA91105
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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 480 S Orange Grove Blvd APT 7, Pasadena, CA, 91105 generates $7,235/mo in rent, after a $8,756/mo payment. Total monthly income is $7,235/mo. Return on cash invested sits at 12.44% in year one, and rental yield is 4.85% on a $1,789,000 entry. Equity gained on principal adds $11,544/yr, while 5% annual appreciation builds toward $494,268 over five years. Five-year ROI reaches 62.67% and total cumulative return in cash sums $363,278. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,235/mo property income rather than buyer’s personal income.
Condo
Built in 1972
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91105, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,775 (52.3%) |
| Renter Occupied HU | 2,956 (41.0%) |
| Vacant Housing Units | 481 ( 6.7%) |
| Median Home Value | $1,606,126 |
| Average Home Value | $1,616,411 |
Housing Distribution
Address Breakdown
Residential
6,607
Single Family
3,772
Multi-Family
2,835
Businesses
1,300
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Listed by: Jennifer Wenzlaff • Proper Dwelling
Mls Name: CRMLS
Mls ID: #PF25168052