867 New York DrAltadenaCA91001
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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 Altadena at 867 New York Dr, Altadena, CA, 91001 priced at $1,400,000 converts $4,702/mo rent into after a $6,852/mo obligation. Total monthly income equals $4,702/mo. Return on cash invested prints 9.9% in year one, and rental yield reads 4.03% against a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 49.06% and total cumulative return in cash sums $222,523. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,702/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Single Family
Built in 1937
7,313 sqft 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
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Listed by: Erica DeBear • Real Broker
Mls Name: CLAW
Mls ID: #25564665