465 Edna PlCovinaCA91723
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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 Covina at 465 Edna Pl, Covina, CA, 91723 priced at $692,500 converts $2,640/mo rent into after a $3,389/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 11.4% in year one, and rental yield reads 4.57% against a $692,500 entry. Equity gained on principal adds $4,469/yr, while 5% annual appreciation compiles into $191,325 by year five. Five-year ROI reaches 57.2% and total cumulative return in cash sums $130,309. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $3,389/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91723, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 2,827 (41.7%) |
| Renter Occupied HU | 3,727 (54.9%) |
| Vacant Housing Units | 232 ( 3.4%) |
| Median Home Value | $729,791 |
| Average Home Value | $752,993 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
4,568
Multi-Family
2,162
Businesses
1,353
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Listed by: Linnea Chapman • Trumark Homes - Southern California Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N060000000097
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.