709 E Walnut St #227PasadenaCA91101
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
Total monthly income runs $3,789/mo, and a $5,261/mo payment. Purchase price stands at $1,074,800, and rental yield measures 4.23% with $3,789/mo rent. Return on cash invested shows 10.51% in year one, and 5% annual appreciation builds toward $296,947 over five years. Five-year ROI reaches 52.36% and total cumulative return in cash records $182,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,789/mo property income covering a $5,261/mo payment rather than investor’s personal income.
Condo
Built in 2023
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91101, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,091 (100%) |
| Owner Occupied HU | 2,085 (17.2%) |
| Renter Occupied HU | 8,917 (73.7%) |
| Vacant Housing Units | 1,089 ( 9.0%) |
| Median Home Value | $825,284 |
| Average Home Value | $895,748 |
Housing Distribution
Address Breakdown
Residential
11,850
Single Family
2,228
Multi-Family
9,622
Businesses
2,027
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ye Han Brazell • Pinnacle Real Estate Group
Mls Name: CRMLS
Mls ID: #AR25156071