416 W Cleveland AveMontebelloCA90640
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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 Montebello at 416 W Cleveland Ave, Montebello, CA, 90640 priced at $990,000 converts $4,304/mo rent into after a $4,846/mo obligation. Total monthly income equals $4,304/mo. Return on cash invested prints 13.35% in year one, and rental yield reads 5.22% against a $990,000 entry. Equity gained on principal adds $6,388/yr, while 5% annual appreciation compiles into $273,519 by year five. Five-year ROI reaches 67.65% and total cumulative return in cash sums $220,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,304/mo property income covering a $4,846/mo payment, not borrower’s personal income.
Multi Family
Built in 1923
7,580 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: Gary Yau • Exp Realty of California Inc
Mls Name: CRMLS
Mls ID: #TR25161725