460 Granite AveMonroviaCA91016
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 460 Granite Ave, Monrovia, CA, 91016 in Monrovia: $11,129/mo in rent, $2,165/mo in net income, 9.22% gross yield, 1.71 DSCR, all at $1,449,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $400,332 in appreciation and $13,345/yr in principal paydown projects total cumulative return of $688,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.0% |
| Monthly Cash Flow | $2,165 | $1,200 |
City averages based on Monrovia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,129 |
| Total Monthly Debt Service | $8,387 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
9,689 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1953
9,689 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices