916 Palm AveSouth PasadenaCA91030
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
Investment property for sale in South Pasadena at 916 Palm Ave, South Pasadena, CA, 91030 earns from $5,400/mo rent with a $7,821/mo payment. Total monthly income totals $5,400/mo. ROI tracks 9.97% on current figures, and rental yield reads 4.06% at a $1,598,000 purchase. Equity gained on principal adds $10,312/yr, and 5% annual appreciation supports $441,498 over five years. Five-year ROI reaches 49.46% and total cumulative return in cash sums $256,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,400/mo property income instead of your personal income.
Single Family
Built in 1905
7,508 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91030, South Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 4,673 (42.3%) |
| Renter Occupied HU | 5,849 (52.9%) |
| Vacant Housing Units | 534 ( 4.8%) |
| Median Home Value | $1,647,149 |
| Average Home Value | $1,623,642 |
Housing Distribution
Address Breakdown
Residential
10,954
Single Family
6,565
Multi-Family
4,389
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth Mayeda • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #P1-25170