2843 Parkway DrEl MonteCA91732
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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
Rental property for sale in El Monte at 2843 Parkway Dr, El Monte, CA, 91732 offers $3,348/mo rent that, after a $4,596/mo payment. Total monthly income is $3,348/mo. Return on cash invested measures 10.5% in year one, and rental yield stands at 4.28% at a $939,000 entry. Equity gained on principal adds $6,059/yr while 5% annual appreciation compounds into $259,428 by year five. Five-year ROI records 52.36% and total cumulative return in cash reaches $161,764. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,348/mo property income versus a $4,596/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91732, El Monte, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,272 (100%) |
| Owner Occupied HU | 6,874 (42.2%) |
| Renter Occupied HU | 8,949 (55.0%) |
| Vacant Housing Units | 449 ( 2.8%) |
| Median Home Value | $730,825 |
| Average Home Value | $782,733 |
Housing Distribution
Address Breakdown
Residential
15,548
Single Family
11,316
Multi-Family
4,232
Businesses
978
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Listed by: DAVID HARRIS • CENTURY 21 MASTERS
Mls Name: CRMLS
Mls ID: #MB25143977