507 N 2nd St APT AAlhambraCA91801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $829,000, 507 N 2nd St APT A, Alhambra, CA, 91801 in Alhambra generates $5,671/mo in rent (8.21% yield) but nets only $148/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.52) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $229,037. Total projected return: $325,574.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.2% |
| Monthly Cash Flow | $148 | $1,500 |
City averages based on Alhambra market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,671 |
| Total Monthly Debt Service | $5,193 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
0.38 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91801, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,365 (100%) |
| Owner Occupied HU | 6,865 (32.1%) |
| Renter Occupied HU | 13,496 (63.2%) |
| Vacant Housing Units | 1,004 ( 4.7%) |
| Median Home Value | $891,459 |
| Average Home Value | $974,302 |
Housing Distribution
Address Breakdown
Residential
21,119
Single Family
11,464
Multi-Family
9,655
Businesses
1,385
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1986
0.38 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91801, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,365 (100%) |
| Owner Occupied HU | 6,865 (32.1%) |
| Renter Occupied HU | 13,496 (63.2%) |
| Vacant Housing Units | 1,004 ( 4.7%) |
| Median Home Value | $891,459 |
| Average Home Value | $974,302 |
Housing Distribution
Address Breakdown
Residential
21,119
Single Family
11,464
Multi-Family
9,655
Businesses
1,385
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices