4900 N Grand Ave APT 130CovinaCA91724
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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 Covina at 4900 N Grand Ave APT 130, Covina, CA, 91724 earns from $3,042/mo rent with a $2,740/mo payment. Total monthly income totals $3,042/mo. ROI tracks 13.44% on current figures, and rental yield reads 6.52% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 69.55% and total cumulative return in cash sums $128,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,042/mo property income instead of your personal income.
Condo
Built in 1984
2.83 Acres lot
$N/A/sqft
$452 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91724, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,322 (100%) |
| Owner Occupied HU | 6,184 (66.3%) |
| Renter Occupied HU | 2,858 (30.7%) |
| Vacant Housing Units | 280 ( 3.0%) |
| Median Home Value | $797,170 |
| Average Home Value | $821,273 |
Housing Distribution
Address Breakdown
Residential
8,807
Single Family
7,528
Multi-Family
1,279
Businesses
607
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Listed by: Gabriel Bolanos • Anomaly Real Estate
Mls Name: CRMLS
Mls Provider:
Mls ID: #CV25075492
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