1240 S Bromley AveWest CovinaCA91790
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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 West Covina at 1240 S Bromley Ave, West Covina, CA, 91790 generates $4,508/mo in rent, after a $4,430/mo payment. Total monthly income is $4,508/mo. Return on cash invested sits at 15.66% in year one, and rental yield is 5.98% on a $905,000 entry. Equity gained on principal adds $5,840/yr, while 5% annual appreciation builds toward $250,035 over five years. Five-year ROI reaches 80.05% and total cumulative return in cash sums $238,341. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,508/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
8,082 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91790, West Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,495 (100%) |
| Owner Occupied HU | 8,554 (59.0%) |
| Renter Occupied HU | 5,346 (36.9%) |
| Vacant Housing Units | 595 ( 4.1%) |
| Median Home Value | $762,307 |
| Average Home Value | $824,076 |
Housing Distribution
Address Breakdown
Residential
13,674
Single Family
11,890
Multi-Family
1,784
Businesses
1,155
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Listed by: Paul Grino • FIRST CHOICE REALTY SOLUTIONS
Mls Name: CRMLS
Mls ID: #CV25189343