1610 Neil Armstrong St UNIT 101MontebelloCA90640
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1610 Neil Armstrong St UNIT 101, Montebello, CA, 90640 in Montebello deserves attention. This $324,776 property earns $3,277/mo in rent, a 12.11% gross yield, and nets $717/mo after the $1,460/mo payment. DSCR 2.24 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $89,730 compounds alongside $2,991/yr in yearly equity build, for a total cumulative return of $171,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.0% |
| Monthly Cash Flow | $717 | $1,200 |
City averages based on Montebello market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,277 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices