215 Elderberry StLa VerneCA91750
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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
Rental property for sale in La Verne at 215 Elderberry St, La Verne, CA, 91750 priced at $765,000 converts $4,028/mo rent into after a $3,744/mo obligation. Total monthly income equals $4,028/mo. Return on cash invested prints 16.7% in year one, and rental yield reads 6.32% against a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation compiles into $211,355 by year five. Five-year ROI reaches 85.61% and total cumulative return in cash sums $215,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,028/mo property income covering a $3,744/mo payment, not borrower’s personal income.
Single Family
Built in 1984
10,390 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91750, La Verne, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,685 (100%) |
| Owner Occupied HU | 8,841 (69.7%) |
| Renter Occupied HU | 3,478 (27.4%) |
| Vacant Housing Units | 366 ( 2.9%) |
| Median Home Value | $824,547 |
| Average Home Value | $803,502 |
Housing Distribution
Address Breakdown
Residential
12,730
Single Family
11,646
Multi-Family
1,084
Businesses
1,125
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Listed by: Ruth Queija • RE/MAX MASTERS REALTY
Mls Name: CRMLS
Mls ID: #CV25281178