1610 Neil Armstrong St UNIT 101MontebelloCA90640
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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
Investment property for sale in Montebello at 1610 Neil Armstrong St UNIT 101, Montebello, CA, 90640 listed at $324,776 pairs $3,277/mo rent with a $1,590/mo payment to leave $716/mo cash flow. Total monthly income runs $3,277/mo, and annual cash flow reaches $8,595/yr on $107,663 cash to close. Return on cash invested measures 27.89% in year one, and rental yield registers 12.11% at a $324,776 basis. Equity gained on principal adds $2,096/yr, and annual property appreciation at 5% supports $89,730 by year five. Five-year ROI tracks 147.9% and total cumulative return in cash totals $159,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,277/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
4.78 Acres lot
$N/A/sqft
$410 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90640, Montebello, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,125 (100%) |
| Owner Occupied HU | 8,853 (44.0%) |
| Renter Occupied HU | 10,708 (53.2%) |
| Vacant Housing Units | 564 ( 2.8%) |
| Median Home Value | $746,193 |
| Average Home Value | $777,817 |
Housing Distribution
Address Breakdown
Residential
19,934
Single Family
12,949
Multi-Family
6,985
Businesses
2,394
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Listed by: Edgardo Salcido Celiz • Realty Masters & Associates
Mls Name: CRMLS
Mls Provider:
Mls ID: #PW24174911
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