307 E Olive AveMonroviaCA91016
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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 Monrovia at 307 E Olive Ave, Monrovia, CA, 91016 priced at $1,199,999 pairs $1,380/mo rent with after a $5,873/mo payment. Total monthly income equals $1,380/mo. Return on cash invested is 1.72% in year one, and rental yield stands at 1.38% on a $1,199,999 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 5.19% and total cumulative return in cash reaches $20,171. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1918
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91016, Monrovia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,018 (100%) |
| Owner Occupied HU | 7,649 (44.9%) |
| Renter Occupied HU | 8,261 (48.5%) |
| Vacant Housing Units | 1,108 ( 6.5%) |
| Median Home Value | $915,371 |
| Average Home Value | $992,236 |
Housing Distribution
Address Breakdown
Residential
16,245
Single Family
12,149
Multi-Family
4,096
Businesses
1,506
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Listed by: Doris Requena Casas • Keller Williams Luxury
Mls Name: CRMLS
Mls ID: #SR25226060