950 S Orange Grove Blvd APT BPasadenaCA91105
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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 Pasadena at 950 S Orange Grove Blvd APT B, Pasadena, CA, 91105 generates $6,400/mo in rent and, after a $4,890/mo payment, leaves $220/mo in cash flow. Total monthly income is $6,400/mo, and annual cash flow is $2,635/yr on $328,671 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 7.69% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 107.92% and total cumulative return in cash sums $354,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,400/mo property income rather than buyer’s personal income.
Condo
Built in 1954
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91105, Pasadena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,775 (52.3%) |
| Renter Occupied HU | 2,956 (41.0%) |
| Vacant Housing Units | 481 ( 6.7%) |
| Median Home Value | $1,606,126 |
| Average Home Value | $1,616,411 |
Housing Distribution
Address Breakdown
Residential
6,607
Single Family
3,772
Multi-Family
2,835
Businesses
1,300
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Listed by: Damian DeBlis • The DeBlis Group, Inc
Mls Name: CRMLS
Mls ID: #OC25184065