1070 S Garfield AveMonterey ParkCA91754
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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 Monterey Park at 1070 S Garfield Ave, Monterey Park, CA, 91754 generates $4,192/mo in rent and, after a $3,181/mo payment, leaves $171/mo in cash flow. Total monthly income is $4,192/mo, and annual cash flow is $2,057/yr on $213,850 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 7.74% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 108.78% and total cumulative return in cash sums $232,634. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,192/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
1,165 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
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Listed by: Kathy Mendoza • The Real Estate Store Inc.
Mls Name: CRMLS
Mls ID: #DW25264566