21210 E Arrow Hwy TRLR 24CovinaCA91724
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 21210 E Arrow Hwy TRLR 24, Covina, CA, 91724 in Covina speaks for itself: 14.75% gross on a $269,950 price, generating $3,318/mo in rent and $1,648/mo in net income after the $1,214/mo debt service. DSCR 2.73, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,776 stacks alongside $74,582 in projected five-year appreciation and $2,486/yr in principal reduction. Projected total cumulative return: $208,429.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 5.2% |
| Monthly Cash Flow | $1,648 | $300 |
City averages based on Covina market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,318 |
| Total Monthly Debt Service | $1,563 |
| DSCR Ratio | 2.12x |
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.
Manufactured
Built in 2017
N/A 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
Manufactured
Built in 2017
N/A 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