2608 W Grand Ave APT BAlhambraCA91801
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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 Alhambra at 2608 W Grand Ave APT B, Alhambra, CA, 91801 uses $236,880 cash to close to unlock $3,984/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $4,786/mo, and a $3,524/mo payment keeps the spread at $332/mo. Purchase price stands at $720,000, and rental yield measures 7.98% with $4,786/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 112.63% and total cumulative return in cash records $266,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,786/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Condo
Built in 1984
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91801, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,365 (100%) |
| Owner Occupied HU | 6,865 (32.1%) |
| Renter Occupied HU | 13,496 (63.2%) |
| Vacant Housing Units | 1,004 ( 4.7%) |
| Median Home Value | $891,459 |
| Average Home Value | $974,302 |
Housing Distribution
Address Breakdown
Residential
21,119
Single Family
11,464
Multi-Family
9,655
Businesses
1,385
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Listed by: Chloe Fu • Pinnacle Real Estate Group
Mls Name: CRMLS
Mls ID: #OC25158042