109 E Hammel StMonterey ParkCA91755
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
Investment Highlights
Rental property for sale in Monterey Park at 109 E Hammel St, Monterey Park, CA, 91755 generates $4,800/mo in rent, after a $9,667/mo payment. Total monthly income is $4,800/mo. Return on cash invested sits at 6.46% in year one, and rental yield is 2.92% on a $1,975,000 entry. Equity gained on principal adds $12,744/yr, while 5% annual appreciation builds toward $545,656 over five years. Five-year ROI reaches 30.61% and total cumulative return in cash sums $195,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 1959
10,137 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91755, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,951 (100%) |
| Owner Occupied HU | 4,693 (47.2%) |
| Renter Occupied HU | 4,892 (49.2%) |
| Vacant Housing Units | 366 ( 3.7%) |
| Median Home Value | $862,990 |
| Average Home Value | $893,822 |
Housing Distribution
Address Breakdown
Residential
9,003
Single Family
5,878
Multi-Family
3,125
Businesses
391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald La • DONALD LA REALTY
Mls Name: CRMLS
Mls ID: #AR25226216