1661 Neil Armstrong St APT 231MontebelloCA90640
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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 1661 Neil Armstrong St APT 231, Montebello, CA, 90640 earns $491/mo cash flow from $2,774/mo rent with a $1,806/mo payment. Total monthly income totals $2,774/mo, and annual cash flow totals $5,896/yr on $122,324 capital. ROI tracks 24.73% on current figures, and rental yield reads 9.02% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 128.71% and total cumulative return in cash sums $157,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,774/mo property income instead of your personal income.
Condo
Built in 1972
3.90 Acres lot
$N/A/sqft
No 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: Scott McGookin • BHHS CA Properties
Mls Name: CRMLS
Mls ID: #TR25273397