2514 Prospect AveMontroseCA91020
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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 2514 Prospect Ave, Montrose, CA, 91020 with 5% annual appreciation on a $1,650,000 basis while $6,691/mo rent supports operations. 48% in year one. Equity gained on principal adds $10,647/yr, and five-year appreciation sums $455,865 alongside rental yield of 4.87%. Five-year ROI measures 62.88% and total cumulative return in cash totals $336,173. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,691/mo property income versus a $8,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
5,227 sqft 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: Simon Gharassimian • JohnHart Real Estate
Mls Name: JohnHart Real Estate
Mls ID: #N/A