842 Cornell DrBurbankCA91504
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
Rental property for sale in Burbank at 842 Cornell Dr, Burbank, CA, 91504 offers $5,318/mo rent that, after a $8,071/mo payment. Total monthly income is $5,318/mo. Return on cash invested measures 9.4% in year one, and rental yield stands at 3.87% at a $1,649,000 entry. Equity gained on principal adds $10,641/yr while 5% annual appreciation compounds into $455,588 by year five. Five-year ROI records 46.41% and total cumulative return in cash reaches $247,935. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,318/mo property income versus a $8,071/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,352 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: Bryan Ochse • Media West Realty,Inc.
Mls Name: CRMLS
Mls ID: #BB25260737