24161 High Knob Rd UNIT EDiamond BarCA91765
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
Investment Highlights
Investment property for sale in Diamond Bar at 24161 High Knob Rd UNIT E, Diamond Bar, CA, 91765 offers a 7.88% rental yield on a $518,800 purchase with $3,406/mo rent. Total monthly income registers $3,406/mo, and a $2,539/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,363/yr on $170,685 to close, and return on cash invested stands at 21.44% in year one. Equity gained on principal adds $3,348/yr while 5% annual appreciation supports $143,335 over five years. Portfolio math shows five-year ROI at 111.03% and total cumulative return in cash at $189,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,406/mo property income against a $2,539/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91765, Diamond Bar, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,022 (100%) |
| Owner Occupied HU | 11,351 (70.8%) |
| Renter Occupied HU | 4,076 (25.4%) |
| Vacant Housing Units | 595 ( 3.7%) |
| Median Home Value | $931,772 |
| Average Home Value | $1,045,697 |
Housing Distribution
Address Breakdown
Residential
15,793
Single Family
14,094
Multi-Family
1,699
Businesses
1,247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darelyn Kaufman • REALTY ONE GROUP MASTERS
Mls Name: CRMLS
Mls ID: #CV25168803