513 N Chandler Ave APT EMonterey ParkCA91754
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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 Monterey Park at 513 N Chandler Ave APT E, Monterey Park, CA, 91754 offers a 7.43% rental yield on a $738,000 purchase with $4,568/mo rent. Total monthly income registers $4,568/mo, and a $3,612/mo payment leaves $3/mo available for distribution. Annual cash flow reaches $33/yr on $242,802 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $4,762/yr while 5% annual appreciation supports $203,896 over five years. Portfolio math shows five-year ROI at 103.69% and total cumulative return in cash at $251,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,568/mo property income against a $3,612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91754, Monterey Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,911 (100%) |
| Owner Occupied HU | 6,194 (52.0%) |
| Renter Occupied HU | 5,143 (43.2%) |
| Vacant Housing Units | 574 ( 4.8%) |
| Median Home Value | $901,620 |
| Average Home Value | $982,710 |
Housing Distribution
Address Breakdown
Residential
11,989
Single Family
8,308
Multi-Family
3,681
Businesses
1,905
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Listed by: Sharon Liu • Re/Max Premier Prop Arcadia
Mls Name: CRMLS
Mls ID: #AR25122891