617 N Mar Vista Ave APT 2PasadenaCA91106
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
Investment property for sale in Pasadena at 617 N Mar Vista Ave APT 2, Pasadena, CA, 91106 earns from $2,994/mo rent with a $3,025/mo payment. Total monthly income totals $2,994/mo. ROI tracks 15.17% on current figures, and rental yield reads 5.81% at a $618,000 purchase. Equity gained on principal adds $3,988/yr, and 5% annual appreciation supports $170,742 over five years. Five-year ROI reaches 77.37% and total cumulative return in cash sums $157,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.
Townhouse
Built in 1984
0.85 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grace Chang • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #P1-25169