497 E California Blvd APT 119PasadenaCA91106
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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
Total monthly income runs $4,178/mo, and a $3,568/mo payment. Purchase price stands at $729,000, and rental yield measures 6.88% with $4,178/mo rent. Return on cash invested shows 18.4% in year one, and 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 94.72% and total cumulative return in cash records $227,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,178/mo property income covering a $3,568/mo payment rather than investor’s personal income.
Condo
Built in 1980
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91106, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,390 (100%) |
| Owner Occupied HU | 3,817 (33.5%) |
| Renter Occupied HU | 6,904 (60.6%) |
| Vacant Housing Units | 669 ( 5.9%) |
| Median Home Value | $1,177,838 |
| Average Home Value | $1,342,656 |
Housing Distribution
Address Breakdown
Residential
11,650
Single Family
5,273
Multi-Family
6,377
Businesses
910
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Listed by: Sunny Sheng • Re/Max Top Producers
Mls Name: CRMLS
Mls ID: #TR25192128