263 Pin LnCovinaCA91722
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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 Covina at 263 Pin Ln, Covina, CA, 91722 offers a 4.38% rental yield on a $723,721 purchase with $2,640/mo rent. 8% in year one. Equity gained on principal adds $4,670/yr while 5% annual appreciation supports $199,951 over five years. Portfolio math shows five-year ROI at 53.98% and total cumulative return in cash at $128,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $3,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91722, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 7,618 (65.1%) |
| Renter Occupied HU | 3,763 (32.2%) |
| Vacant Housing Units | 315 ( 2.7%) |
| Median Home Value | $655,610 |
| Average Home Value | $683,493 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
8,813
Multi-Family
1,852
Businesses
862
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Listed by: Linnea Chapman • Trumark Homes - Southern California Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N060000000111
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.