524 W Graves Ave #AMonterey 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
Rental property for sale in Monterey Park at 524 W Graves Ave #A, Monterey Park, CA, 91754 priced at $749,000 converts $3,818/mo rent into after a $3,666/mo obligation. Total monthly income equals $3,818/mo. Return on cash invested prints 16.09% in year one, and rental yield reads 6.12% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 82.32% and total cumulative return in cash sums $202,864. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,818/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Condo
Built in 1979
1,663 sqft 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: #AR25200268