1365 Milam PlMonterey 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
Total monthly income runs $3,462/mo, and a $6,754/mo payment. Purchase price stands at $1,380,000, and rental yield measures 3.01% with $3,462/mo rent. Return on cash invested shows 6.75% in year one, and 5% annual appreciation builds toward $381,269 over five years. Five-year ROI reaches 32.18% and total cumulative return in cash records $143,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,462/mo property income covering a $6,754/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.31 Acres 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: Youngsil Kim • Coldwell Banker Best Realty
Mls Name: CRMLS
Mls ID: #PW25181851