2221 S Meridian Ave #AAlhambraCA91803
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 2221 S Meridian Ave #A, Alhambra, CA, 91803 in Alhambra: $7,320/mo in rent, $515/mo in net income, 7.99% gross yield, 1.48 DSCR, all at $1,100,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $303,910 in appreciation and $10,131/yr in principal paydown projects total cumulative return of $450,287.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.2% |
| Monthly Cash Flow | $515 | $1,500 |
City averages based on Alhambra market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,320 |
| Total Monthly Debt Service | $6,367 |
| DSCR Ratio | 1.15x |
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 1947
7,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91803, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,078 (100%) |
| Owner Occupied HU | 4,773 (47.4%) |
| Renter Occupied HU | 4,979 (49.4%) |
| Vacant Housing Units | 326 ( 3.2%) |
| Median Home Value | $871,266 |
| Average Home Value | $929,972 |
Housing Distribution
Address Breakdown
Residential
10,365
Single Family
7,737
Multi-Family
2,628
Businesses
1,063
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 1947
7,455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91803, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,078 (100%) |
| Owner Occupied HU | 4,773 (47.4%) |
| Renter Occupied HU | 4,979 (49.4%) |
| Vacant Housing Units | 326 ( 3.2%) |
| Median Home Value | $871,266 |
| Average Home Value | $929,972 |
Housing Distribution
Address Breakdown
Residential
10,365
Single Family
7,737
Multi-Family
2,628
Businesses
1,063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices