38 Remy LnMontebelloCA90640
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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 Montebello at 38 Remy Ln, Montebello, CA, 90640 offers a 4.98% rental yield on a $1,494,000 purchase with $6,204/mo rent. 84% in year one. Equity gained on principal adds $9,641/yr while 5% annual appreciation supports $412,765 over five years. Portfolio math shows five-year ROI at 64.83% and total cumulative return in cash at $313,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,204/mo property income against a $7,312/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2026
3,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90640, Montebello, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,125 (100%) |
| Owner Occupied HU | 8,853 (44.0%) |
| Renter Occupied HU | 10,708 (53.2%) |
| Vacant Housing Units | 564 ( 2.8%) |
| Median Home Value | $746,193 |
| Average Home Value | $777,817 |
Housing Distribution
Address Breakdown
Residential
19,934
Single Family
12,949
Multi-Family
6,985
Businesses
2,394
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Listed by: Jennifer Robertson • Toll Brothers Real Estate, Inc
Mls Name: CRMLS
Mls ID: #OC25096875