16319 E Elgenia StCovinaCA91722
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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 16319 E Elgenia St, Covina, CA, 91722 earns $262/mo cash flow from $4,716/mo rent with a $3,524/mo payment. Total monthly income totals $4,716/mo, and annual cash flow totals $3,144/yr on $236,880 capital. ROI tracks 21.39% on current figures, and rental yield reads 7.86% at a $720,000 purchase. Equity gained on principal adds $4,646/yr, and 5% annual appreciation supports $198,923 over five years. Five-year ROI reaches 110.73% and total cumulative return in cash sums $262,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,716/mo property income instead of your personal income.
Single Family
Built in 1954
7,384 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: Stephanie Crowell • COLDWELL BANKER TOWN & COUNTRY
Mls Name: CRMLS
Mls ID: #CV25196602