2743 Hermosa Ave #BMontroseCA91020
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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 2743 Hermosa Ave #B, Montrose, CA, 91020 earns from $4,448/mo rent with a $4,160/mo payment. Total monthly income totals $4,448/mo. ROI tracks 16.58% on current figures, and rental yield reads 6.28% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 84.99% and total cumulative return in cash sums $237,682. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,448/mo property income instead of your personal income.
Townhouse
Built in 1981
0.25 Acres 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: Artin Ghassemian • Berkshire Realty Inc.
Mls Name: CRMLS
Mls ID: #GD26001590