844 W Carmelita 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
Investment property for sale in Montebello at 844 W Carmelita Ave, Montebello, CA, 90640 earns $504/mo cash flow from $5,144/mo rent with a $3,671/mo payment. Total monthly income totals $5,144/mo, and annual cash flow totals $6,051/yr on $246,750 capital. ROI tracks 22.51% on current figures, and rental yield reads 8.23% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash sums $288,138. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,144/mo property income instead of your personal income.
Single Family
Built in 1941
5,950 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: Michael Pagan • Berkshire Hathaway H.S.C.P.
Mls Name: CRMLS
Mls ID: #DW25167093