687 E Orange Grove BlvdPasadenaCA91104
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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
Rental property for sale in Pasadena at 687 E Orange Grove Blvd, Pasadena, CA, 91104 priced at $799,000 converts $4,091/mo rent into after a $3,911/mo obligation. Total monthly income equals $4,091/mo. Return on cash invested prints 16.17% in year one, and rental yield reads 6.14% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 82.75% and total cumulative return in cash sums $217,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,091/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Condo
Built in 1979
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91104, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,264 (100%) |
| Owner Occupied HU | 6,732 (50.8%) |
| Renter Occupied HU | 5,915 (44.6%) |
| Vacant Housing Units | 617 ( 4.7%) |
| Median Home Value | $1,062,897 |
| Average Home Value | $1,149,037 |
Housing Distribution
Address Breakdown
Residential
13,388
Single Family
10,825
Multi-Family
2,563
Businesses
584
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Listed by: Lotoya Bailey • Nourmand & Associates-HW
Mls Name: CLAW
Mls ID: #25592337