216 E Markland DrMonterey ParkCA91755
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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 Monterey Park at 216 E Markland Dr, Monterey Park, CA, 91755 priced at $869,000 pairs $3,194/mo rent with after a $4,253/mo payment. Total monthly income equals $3,194/mo. Return on cash invested is 10.9% in year one, and rental yield stands at 4.41% on a $869,000 basis. Equity gained on principal adds $5,608/yr, and 5% annual appreciation accumulates to $240,089 by year five. Five-year ROI measures 54.51% and total cumulative return in cash reaches $155,855. For financing, Ziffy Mortgage’s DSCR program evaluates $3,194/mo property income against a $4,253/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
8,289 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91755, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,951 (100%) |
| Owner Occupied HU | 4,693 (47.2%) |
| Renter Occupied HU | 4,892 (49.2%) |
| Vacant Housing Units | 366 ( 3.7%) |
| Median Home Value | $862,990 |
| Average Home Value | $893,822 |
Housing Distribution
Address Breakdown
Residential
9,003
Single Family
5,878
Multi-Family
3,125
Businesses
391
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Listed by: Yailin Cueto • ROA California Inc.
Mls Name: CRMLS
Mls ID: #HD25174111