64 N Mar Vista Ave APT 213PasadenaCA91106
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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 Pasadena at 64 N Mar Vista Ave APT 213, Pasadena, CA, 91106 earns $128/mo cash flow from $3,616/mo rent with a $2,761/mo payment. Total monthly income totals $3,616/mo, and annual cash flow totals $1,530/yr on $185,556 capital. ROI tracks 20.88% on current figures, and rental yield reads 7.69% at a $564,000 purchase. Equity gained on principal adds $3,639/yr, and 5% annual appreciation supports $155,823 over five years. Five-year ROI reaches 108.05% and total cumulative return in cash sums $200,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,616/mo property income instead of your personal income.
Condo
Built in 1987
1.67 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: Arthur Mangassarian • Re/Max Tri-City Realty
Mls Name: CRMLS
Mls ID: #GD26005143