1045 N Azusa Ave #62CovinaCA91722
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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 Covina at 1045 N Azusa Ave #62, Covina, CA, 91722 offers a 9.29% rental yield on a $130,000 purchase with $1,006/mo rent. Total monthly income registers $1,006/mo, and a $636/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,425/yr on $43,095 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 133.11% and total cumulative return in cash at $57,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,006/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91722, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 7,618 (65.1%) |
| Renter Occupied HU | 3,763 (32.2%) |
| Vacant Housing Units | 315 ( 2.7%) |
| Median Home Value | $655,610 |
| Average Home Value | $683,493 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
8,813
Multi-Family
1,852
Businesses
862
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Listed by: Leslie J Aguilar • ACTION MOBILE HOMES
Mls Name: NY State MLS
Mls ID: #11541082