1426 E Puente StCovinaCA91724
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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 1426 E Puente St, Covina, CA, 91724 generates $5,009/mo in rent, after a $6,363/mo payment. Total monthly income is $5,009/mo. Return on cash invested sits at 11.73% in year one, and rental yield is 4.62% on a $1,299,999 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 58.87% and total cumulative return in cash sums $247,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,009/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91724, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,322 (100%) |
| Owner Occupied HU | 6,184 (66.3%) |
| Renter Occupied HU | 2,858 (30.7%) |
| Vacant Housing Units | 280 ( 3.0%) |
| Median Home Value | $797,170 |
| Average Home Value | $821,273 |
Housing Distribution
Address Breakdown
Residential
8,807
Single Family
7,528
Multi-Family
1,279
Businesses
607
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Listed by: Cary Tong • VISMAR REAL ESTATE
Mls Name: CRMLS
Mls ID: #CV25279313