324 Fowler DrMonroviaCA91016
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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 324 Fowler Dr, Monrovia, CA, 91016 offers $3,571/mo rent that, after a $4,395/mo payment. Total monthly income is $3,571/mo. Return on cash invested measures 12% in year one, and rental yield stands at 4.77% at a $898,000 entry. Equity gained on principal adds $5,795/yr while 5% annual appreciation compounds into $248,101 by year five. Five-year ROI records 60.41% and total cumulative return in cash reaches $178,484. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,571/mo property income versus a $4,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
7,689 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: Joseph Chiovare • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #AR25200072