1877 E Ruddock StCovinaCA91724
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1877 E Ruddock St, Covina, CA, 91724 in Covina. At $819,899 it earns $6,115/mo in rent and distributes $1,043/mo to the owner after the $3,687/mo payment, a consistent 8.95% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $226,523 in value; $7,551/yr in principal paydown compounds ownership stake. Total projected return: $377,977.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $1,043 | $300 |
City averages based on Covina market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,115 |
| Total Monthly Debt Service | $4,746 |
| DSCR Ratio | 1.29x |
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.
Single Family
Built in 1957
8,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91724, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,322 (100%) |
| Owner Occupied HU | 6,184 (66.3%) |
| Renter Occupied HU | 2,858 (30.7%) |
| Vacant Housing Units | 280 ( 3.0%) |
| Median Home Value | $797,170 |
| Average Home Value | $821,273 |
Housing Distribution
Address Breakdown
Residential
8,807
Single Family
7,528
Multi-Family
1,279
Businesses
607
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
Single Family
Built in 1957
8,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91724, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,322 (100%) |
| Owner Occupied HU | 6,184 (66.3%) |
| Renter Occupied HU | 2,858 (30.7%) |
| Vacant Housing Units | 280 ( 3.0%) |
| Median Home Value | $797,170 |
| Average Home Value | $821,273 |
Housing Distribution
Address Breakdown
Residential
8,807
Single Family
7,528
Multi-Family
1,279
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices