99 S Raymond Ave #409PasadenaCA91105
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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 Pasadena at 99 S Raymond Ave #409, Pasadena, CA, 91105 listed at $565,000 pairs $2,969/mo rent with a $2,765/mo payment. Total monthly income runs $2,969/mo. Return on cash invested measures 16.67% in year one, and rental yield registers 6.31% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 85.43% and total cumulative return in cash totals $158,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,969/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1898
1.22 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: Peter Martocchio • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #P1-22179