2012 S Garfield AveMonterey ParkCA91754
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2012 S Garfield Ave, Monterey Park, CA, 91754 in Monterey Park. Rental yield 1.92%. At $1,810,000 with 1.92% gross yield, current distributions are modest, but the 5% appreciation rate projects $500,070 in new equity by year five, complemented by $16,670/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.36) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $151,965.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 5.5% |
| Monthly Cash Flow | $(8,304) | $300 |
City averages based on Monterey Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,893 |
| Total Monthly Debt Service | $10,477 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1977
10,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91754, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,911 (100%) |
| Owner Occupied HU | 6,194 (52.0%) |
| Renter Occupied HU | 5,143 (43.2%) |
| Vacant Housing Units | 574 ( 4.8%) |
| Median Home Value | $901,620 |
| Average Home Value | $982,710 |
Housing Distribution
Address Breakdown
Residential
11,989
Single Family
8,308
Multi-Family
3,681
Businesses
1,905
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
Multi Family
Built in 1977
10,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91754, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,911 (100%) |
| Owner Occupied HU | 6,194 (52.0%) |
| Renter Occupied HU | 5,143 (43.2%) |
| Vacant Housing Units | 574 ( 4.8%) |
| Median Home Value | $901,620 |
| Average Home Value | $982,710 |
Housing Distribution
Address Breakdown
Residential
11,989
Single Family
8,308
Multi-Family
3,681
Businesses
1,905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls ID: #WS25036937