2231 Montrose Ave APT 2MontroseCA91020
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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
Investment property for sale in Montrose at 2231 Montrose Ave APT 2, Montrose, CA, 91020 uses $262,871 cash to close to unlock $1,955/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $5,106/mo, and a $3,911/mo payment keeps the spread at $163/mo. Purchase price stands at $799,000, and rental yield measures 7.67% with $5,106/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 107.6% and total cumulative return in cash records $282,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,106/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Condo
Built in 1987
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91020, Montrose, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,523 (100%) |
| Owner Occupied HU | 1,239 (35.2%) |
| Renter Occupied HU | 2,120 (60.2%) |
| Vacant Housing Units | 164 ( 4.7%) |
| Median Home Value | $1,033,054 |
| Average Home Value | $1,107,607 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
1,692
Multi-Family
1,700
Businesses
448
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Listed by: Richard Schulman • Keller Williams Los Angeles
Mls Name: CLAW
Mls ID: #25591043