601 N Garfield AveMontebelloCA90640
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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 Montebello at 601 N Garfield Ave, Montebello, CA, 90640 generates $8,620/mo in rent, after a $8,565/mo payment. Total monthly income is $8,620/mo. Return on cash invested sits at 15.7% in year one, and rental yield is 5.91% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 80.18% and total cumulative return in cash sums $454,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,620/mo property income rather than buyer’s personal income.
Multi Family
Built in 1962
7,295 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90640, Montebello, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,125 (100%) |
| Owner Occupied HU | 8,853 (44.0%) |
| Renter Occupied HU | 10,708 (53.2%) |
| Vacant Housing Units | 564 ( 2.8%) |
| Median Home Value | $746,193 |
| Average Home Value | $777,817 |
Housing Distribution
Address Breakdown
Residential
19,934
Single Family
12,949
Multi-Family
6,985
Businesses
2,394
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Listed by: Craig Marson • First Team Real Estate
Mls Name: CRMLS
Mls ID: #DW25224030