693 Royce StAltadenaCA91001
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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 Altadena at 693 Royce St, Altadena, CA, 91001 with 5% annual appreciation on a $795,000 basis while $4,456/mo rent supports operations. 94% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 6.73%. Five-year ROI measures 92.26% and total cumulative return in cash totals $241,306. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,456/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
6,382 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91001, Altadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,169 (100%) |
| Owner Occupied HU | 5,080 (70.9%) |
| Renter Occupied HU | 1,836 (25.6%) |
| Vacant Housing Units | 253 ( 3.5%) |
| Median Home Value | $1,143,490 |
| Average Home Value | $1,251,023 |
Housing Distribution
Address Breakdown
Residential
13,055
Single Family
12,289
Multi-Family
766
Businesses
464
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Listed by: Jessie Rodriguez • Cal American Homes
Mls Name: CRMLS
Mls ID: #CV25192632