229 S Shipman AveLa PuenteCA91744
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 229 S Shipman Ave, La Puente, CA, 91744 in La Puente is narrow, $42/mo net on $3,599/mo rent after the $2,726/mo debt service, but the property operates at break-even-plus, not a loss. At $575,000 with a 7.51% yield, the long-run equity case via 5% appreciation ($158,862 over five years) and $4,820/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.32 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $209,923.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.0% |
| Monthly Cash Flow | $42 | $1,200 |
City averages based on La Puente market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,599 |
| Total Monthly Debt Service | $3,469 |
| DSCR Ratio | 1.04x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
5,972 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91744, La Puente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,510 (100%) |
| Owner Occupied HU | 12,926 (66.3%) |
| Renter Occupied HU | 6,185 (31.7%) |
| Vacant Housing Units | 399 ( 2.0%) |
| Median Home Value | $627,952 |
| Average Home Value | $677,590 |
Housing Distribution
Address Breakdown
Residential
18,678
Single Family
17,987
Multi-Family
691
Businesses
1,410
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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CRMLS
Mls Provider:
Mls ID: #CV26202903
