657-657 S Meridian AveAlhambraCA91803
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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 Alhambra at 657-657 S Meridian Ave, Alhambra, CA, 91803 offers a 3.61% rental yield on a $1,275,000 purchase with $3,840/mo rent. 61% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Portfolio math shows five-year ROI at 42.18% and total cumulative return in cash at $174,230. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,840/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
5,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91803, Alhambra, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,078 (100%) |
| Owner Occupied HU | 4,773 (47.4%) |
| Renter Occupied HU | 4,979 (49.4%) |
| Vacant Housing Units | 326 ( 3.2%) |
| Median Home Value | $871,266 |
| Average Home Value | $929,972 |
Housing Distribution
Address Breakdown
Residential
10,365
Single Family
7,737
Multi-Family
2,628
Businesses
1,063
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Listed by: MAX MARIN • Max Marin Real Estate
Mls Name: CRMLS
Mls ID: #WS25225727