426 N Canyon BlvdMonroviaCA91016
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Nearby investment properties with comparable prices
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 Monrovia at 426 N Canyon Blvd, Monrovia, CA, 91016 listed at $1,788,000 pairs $6,889/mo rent with a $8,751/mo payment. Total monthly income runs $6,889/mo. Return on cash invested measures 11.73% in year one, and rental yield registers 4.62% at a $1,788,000 basis. Equity gained on principal adds $11,538/yr, and annual property appreciation at 5% supports $493,991 by year five. Five-year ROI tracks 58.87% and total cumulative return in cash totals $341,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,889/mo property income relative to a $8,751/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.31 Acres 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: Margarit Torgomyan • Berkshire Hathaway Home Services Golden Properties
Mls Name: CRMLS
Mls ID: #P1-24629