78 N Sierra Bonita Ave #2PasadenaCA91106
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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 78 N Sierra Bonita Ave #2, Pasadena, CA, 91106 priced at $1,250,000 converts $4,771/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,771/mo. Return on cash invested prints 11.59% in year one, and rental yield reads 4.58% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 58.16% and total cumulative return in cash sums $235,549. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,771/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Condo
Built in 2013
N/A 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: Khanh Oberley • Douglas Elliman of CA, Inc.
Mls Name: CRMLS
Mls ID: #PF25225139