707 Irving DrBurbankCA91504
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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 Burbank at 707 Irving Dr, Burbank, CA, 91504 priced at $1,299,000 converts $6,241/mo rent into after a $6,358/mo obligation. Total monthly income equals $6,241/mo. Return on cash invested prints 15.25% in year one, and rental yield reads 5.77% against a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation compiles into $358,890 by year five. Five-year ROI reaches 77.78% and total cumulative return in cash sums $327,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,241/mo property income covering a $6,358/mo payment, not borrower’s personal income.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91504, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,186 (100%) |
| Owner Occupied HU | 5,084 (49.9%) |
| Renter Occupied HU | 4,730 (46.4%) |
| Vacant Housing Units | 372 ( 3.7%) |
| Median Home Value | $1,025,338 |
| Average Home Value | $1,137,447 |
Housing Distribution
Address Breakdown
Residential
9,915
Single Family
6,949
Multi-Family
2,966
Businesses
671
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Listed by: Michael Love • eXp Realty of California Inc
Mls Name: CSMAOR
Mls ID: #225004645