2621 S Montego UNIT DOntarioCA91761
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
Rental property for sale in Ontario at 2621 S Montego UNIT D, Ontario, CA, 91761 generates $2,504/mo in rent and, after a $1,953/mo payment, leaves $36/mo in cash flow. Total monthly income is $2,504/mo, and annual cash flow is $427/yr on $132,269 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.53% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 104.57% and total cumulative return in cash sums $138,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,504/mo property income rather than buyer’s personal income.
Condo
Built in 1988
1,035 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91761, Ontario, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,119 (100%) |
| Owner Occupied HU | 14,290 (67.7%) |
| Renter Occupied HU | 6,168 (29.2%) |
| Vacant Housing Units | 661 ( 3.1%) |
| Median Home Value | $621,461 |
| Average Home Value | $617,077 |
Housing Distribution
Address Breakdown
Residential
20,126
Single Family
18,300
Multi-Family
1,826
Businesses
3,899
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sofia Chacon • KW The Lakes
Mls Name: CRMLS
Mls ID: #IG25170492