10947 Groveland AveWhittierCA90603
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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 Whittier at 10947 Groveland Ave, Whittier, CA, 90603 generates $4,397/mo in rent, after a $4,038/mo payment. Total monthly income is $4,397/mo. Return on cash invested sits at 16.94% in year one, and rental yield is 6.4% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 86.87% and total cumulative return in cash sums $235,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
5,819 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90603, Whittier, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 5,402 (76.9%) |
| Renter Occupied HU | 1,474 (21.0%) |
| Vacant Housing Units | 148 ( 2.1%) |
| Median Home Value | $831,385 |
| Average Home Value | $888,827 |
Housing Distribution
Address Breakdown
Residential
6,990
Single Family
6,315
Multi-Family
675
Businesses
527
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Listed by: Dennis Parker • T.N.G. Real Estate Consultants
Mls Name: CRMLS
Mls ID: #PW25277968