517 Garfield AveSouth PasadenaCA91030
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
Investment Highlights
Rental property for sale in South Pasadena at 517 Garfield Ave, South Pasadena, CA, 91030 offers $4,897/mo rent that, after a $7,332/mo payment. Total monthly income is $4,897/mo. Return on cash invested measures 9.57% in year one, and rental yield stands at 3.92% at a $1,498,000 entry. Equity gained on principal adds $9,666/yr while 5% annual appreciation compounds into $413,870 by year five. Five-year ROI records 47.28% and total cumulative return in cash reaches $229,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,897/mo property income versus a $7,332/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
6,758 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: Carmine Sabatella • The Agency
Mls Name: CRMLS
Mls ID: #P1-25494