303 N Nicholson Ave APT 312Monterey ParkCA91755
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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 Monterey Park at 303 N Nicholson Ave APT 312, Monterey Park, CA, 91755 earns from $2,722/mo rent with a $2,203/mo payment. Total monthly income totals $2,722/mo. ROI tracks 19.41% on current figures, and rental yield reads 7.26% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 100.15% and total cumulative return in cash sums $149,406. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,722/mo property income instead of your personal income.
Condo
Built in 2003
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91755, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,951 (100%) |
| Owner Occupied HU | 4,693 (47.2%) |
| Renter Occupied HU | 4,892 (49.2%) |
| Vacant Housing Units | 366 ( 3.7%) |
| Median Home Value | $862,990 |
| Average Home Value | $893,822 |
Housing Distribution
Address Breakdown
Residential
9,003
Single Family
5,878
Multi-Family
3,125
Businesses
391
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Listed by: Anita Wong • Re/Max Premier Prop Arcadia
Mls Name: CRMLS
Mls ID: #AR26011263