2901 Topaz LnWest CovinaCA91792
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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 West Covina at 2901 Topaz Ln, West Covina, CA, 91792 with 5% annual appreciation on a $685,000 basis while $6,238/mo rent supports operations. Total monthly income totals $6,238/mo and a $3,353/mo payment preserves $1,544/mo for cash returns. Annual cash flow comes to $18,530/yr on $225,365 deployed, and return on cash invested reaches 28.28% in year one. Equity gained on principal adds $4,420/yr, and five-year appreciation sums $189,253 alongside rental yield of 10.93%. Five-year ROI measures 148.6% and total cumulative return in cash totals $334,882.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,238/mo property income versus a $3,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1987
4.27 Acres lot
$N/A/sqft
$456 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91792, West Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,631 (100%) |
| Owner Occupied HU | 5,213 (54.1%) |
| Renter Occupied HU | 4,186 (43.5%) |
| Vacant Housing Units | 232 ( 2.4%) |
| Median Home Value | $720,629 |
| Average Home Value | $736,589 |
Housing Distribution
Address Breakdown
Residential
9,458
Single Family
8,045
Multi-Family
1,413
Businesses
316
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Listed by: Steve Phu • Steve Phu
Mls Name: CRMLS
Mls Provider:
Mls ID: #OC24176009
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