3530 Damien Ave SPACE 62La VerneCA91750
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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 La Verne at 3530 Damien Ave SPACE 62, La Verne, CA, 91750 uses $97,627 cash to close to unlock $2,671/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $2,044/mo, and a $1,441/mo payment keeps the spread at $223/mo. Purchase price stands at $294,500, and rental yield measures 8.33% with $2,044/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $81,365 over five years. Five-year ROI reaches 117.53% and total cumulative return in cash records $114,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,044/mo property income covering a $1,441/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91750, La Verne, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,685 (100%) |
| Owner Occupied HU | 8,841 (69.7%) |
| Renter Occupied HU | 3,478 (27.4%) |
| Vacant Housing Units | 366 ( 2.9%) |
| Median Home Value | $824,547 |
| Average Home Value | $803,502 |
Housing Distribution
Address Breakdown
Residential
12,730
Single Family
11,646
Multi-Family
1,084
Businesses
1,125
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Listed by: Vernon Spencer • Monarch Home Sales
Mls Name: CRMLS
Mls ID: #OC25122546