938 E Palm AveBurbankCA91501
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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
Investment property for sale in Burbank at 938 E Palm Ave, Burbank, CA, 91501 earns from $5,912/mo rent with a $6,828/mo payment. Total monthly income totals $5,912/mo. ROI tracks 13.15% on current figures, and rental yield reads 5.09% at a $1,395,000 purchase. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 over five years. Five-year ROI reaches 66.52% and total cumulative return in cash sums $300,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,912/mo property income instead of your personal income.
Single Family
Built in 1924
5,292 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91501, Burbank, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 2,828 (32.1%) |
| Renter Occupied HU | 5,593 (63.4%) |
| Vacant Housing Units | 400 ( 4.5%) |
| Median Home Value | $1,123,371 |
| Average Home Value | $1,206,507 |
Housing Distribution
Address Breakdown
Residential
8,709
Single Family
3,552
Multi-Family
5,157
Businesses
80
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Listed by: Tom Tostengard • Berkshire Hathaway HomeServices California Properties
Mls Name: CLAW
Mls ID: #25594151