3051 Nevada AveEl MonteCA91731
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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 3051 Nevada Ave, El Monte, CA, 91731 generates $4,673/mo in rent, after a $4,346/mo payment. Total monthly income is $4,673/mo. Return on cash invested sits at 16.69% in year one, and rental yield is 6.31% on a $888,000 entry. Equity gained on principal adds $5,730/yr, while 5% annual appreciation builds toward $245,338 over five years. Five-year ROI reaches 85.55% and total cumulative return in cash sums $249,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,673/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,341 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91731, El Monte, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,520 (100%) |
| Owner Occupied HU | 3,055 (35.9%) |
| Renter Occupied HU | 5,242 (61.5%) |
| Vacant Housing Units | 223 ( 2.6%) |
| Median Home Value | $666,314 |
| Average Home Value | $708,455 |
Housing Distribution
Address Breakdown
Residential
8,381
Single Family
5,759
Multi-Family
2,622
Businesses
1,794
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Listed by: AMY LEI • KW Executive
Mls Name: CRMLS
Mls ID: #WS25165236