660 Limoncello LnCovinaCA91723
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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 Covina at 660 Limoncello Ln, Covina, CA, 91723 generates $4,009/mo in rent, after a $3,438/mo payment. Total monthly income is $4,009/mo. Return on cash invested sits at 18.31% in year one, and rental yield is 6.85% on a $702,400 entry. Equity gained on principal adds $4,532/yr, while 5% annual appreciation builds toward $194,060 over five years. Five-year ROI reaches 94.25% and total cumulative return in cash sums $217,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,009/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91723, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,786 (100%) |
| Owner Occupied HU | 2,827 (41.7%) |
| Renter Occupied HU | 3,727 (54.9%) |
| Vacant Housing Units | 232 ( 3.4%) |
| Median Home Value | $729,791 |
| Average Home Value | $752,993 |
Housing Distribution
Address Breakdown
Residential
6,730
Single Family
4,568
Multi-Family
2,162
Businesses
1,353
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Listed by: Linnea Chapman • Trumark Homes - Southern California Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N060000000126
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.