801 E Mendocino St APT 4AAltadenaCA91001
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 801 E Mendocino St APT 4A, Altadena, CA, 91001 in Altadena is a conservative rental investment at $877,000. Rental yield 7.05%. A 1.31 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $242,299; $8,077/yr in principal paydown supplements. Total projected return: $315,008.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.8% |
| Monthly Cash Flow | $(272) | $1,200 |
City averages based on Altadena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,153 |
| Total Monthly Debt Service | $5,076 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
0.60 Acres 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
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
Condo
Built in 1987
0.60 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: JohnHart Real Estate
Mls ID: #AR25273903