16150 E Queenside DrCovinaCA91722
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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 Covina at 16150 E Queenside Dr, Covina, CA, 91722 uses $236,880 cash to close to unlock $3,816/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $4,772/mo, and a $3,524/mo payment keeps the spread at $318/mo. Purchase price stands at $720,000, and rental yield measures 7.95% with $4,772/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 112.25% and total cumulative return in cash records $265,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,772/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,192 sqft 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: Maria Alonzo • Century 21 Masters
Mls Name: CRMLS
Mls ID: #CV25224175