1380 N Citrus Ave #C8-TRAILERCovinaCA91722
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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 Covina at 1380 N Citrus Ave #C8-TRAILER, Covina, CA, 91722 priced at $194,900 converts $5,027/mo rent into $3,821/mo cash flow after a $954/mo obligation. Total monthly income equals $5,027/mo, and annual cash flow totals $45,855/yr on $64,609 invested. Return on cash invested prints 90.88% in year one, and rental yield reads 30.95% against a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,847 by year five. Five-year ROI reaches 483.5% and total cumulative return in cash sums $312,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,027/mo property income covering a $954/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91722, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 7,618 (65.1%) |
| Renter Occupied HU | 3,763 (32.2%) |
| Vacant Housing Units | 315 ( 2.7%) |
| Median Home Value | $655,610 |
| Average Home Value | $683,493 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
8,813
Multi-Family
1,852
Businesses
862
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Listed by: Shane Joffe • HomeQuest
Mls Name: My State MLS
Mls ID: #11220156