589 W Grandview AveSierra MadreCA91024
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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
Investment property for sale in Sierra Madre at 589 W Grandview Ave, Sierra Madre, CA, 91024 projects strong ROI of 7.89%. Rental yield 3.38%. With 5% annual appreciation, the property builds $953,171 in value over five years. Equity growth combined delivers a projected five-year ROI of 38.27%, translating into $427,792 in total cumulative return on $1,117,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1968
7,912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91024, Sierra Madre, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,041 (100%) |
| Owner Occupied HU | 2,946 (58.4%) |
| Renter Occupied HU | 1,843 (36.6%) |
| Vacant Housing Units | 252 ( 5.0%) |
| Median Home Value | $1,273,733 |
| Average Home Value | $1,355,042 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
3,979
Multi-Family
1,018
Businesses
284
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Listed by: Ash Rizk • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #AR25202207