1616 Cherry LnAlhambraCA91803
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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
Total monthly income runs $4,094/mo, and a $4,038/mo payment. Purchase price stands at $825,000, and rental yield measures 5.95% with $4,094/mo rent. Return on cash invested shows 15.6% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 79.68% and total cumulative return in cash records $216,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,094/mo property income covering a $4,038/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
5,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91803, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,078 (100%) |
| Owner Occupied HU | 4,773 (47.4%) |
| Renter Occupied HU | 4,979 (49.4%) |
| Vacant Housing Units | 326 ( 3.2%) |
| Median Home Value | $871,266 |
| Average Home Value | $929,972 |
Housing Distribution
Address Breakdown
Residential
10,365
Single Family
7,737
Multi-Family
2,628
Businesses
1,063
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Listed by: Eric Chen • CB RICHARD ELLIS
Mls Name: CRMLS
Mls ID: #CV25203576