1050 S Garfield AveMonterey ParkCA91754
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1050 S Garfield Ave, Monterey Park, CA, 91754 in Monterey Park is a solid income-producing rental, 8.47% gross yield, $4,511/mo rent, $303/mo net cash flow on a $639,000 buy. DSCR 1.57 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $176,544 and $5,885/yr in principal reduction project a total cumulative return of $278,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.5% |
| Monthly Cash Flow | $303 | $300 |
City averages based on Monterey Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,511 |
| Total Monthly Debt Service | $3,699 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1980
1,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91754, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,911 (100%) |
| Owner Occupied HU | 6,194 (52.0%) |
| Renter Occupied HU | 5,143 (43.2%) |
| Vacant Housing Units | 574 ( 4.8%) |
| Median Home Value | $901,620 |
| Average Home Value | $982,710 |
Housing Distribution
Address Breakdown
Residential
11,989
Single Family
8,308
Multi-Family
3,681
Businesses
1,905
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
Townhouse
Built in 1980
1,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91754, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,911 (100%) |
| Owner Occupied HU | 6,194 (52.0%) |
| Renter Occupied HU | 5,143 (43.2%) |
| Vacant Housing Units | 574 ( 4.8%) |
| Median Home Value | $901,620 |
| Average Home Value | $982,710 |
Housing Distribution
Address Breakdown
Residential
11,989
Single Family
8,308
Multi-Family
3,681
Businesses
1,905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Innawati 'Inna' Santoso • Compass
Mls Name: CLAW
Mls ID: #25628391