877 W Edna PlCovinaCA91722
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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 877 W Edna Pl, Covina, CA, 91722 priced at $629,000 converts $3,629/mo rent into after a $3,079/mo obligation. Total monthly income equals $3,629/mo. Return on cash invested prints 18.54% in year one, and rental yield reads 6.92% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 95.46% and total cumulative return in cash sums $197,541. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,629/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 1953
7,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91722, Covina, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 7,618 (65.1%) |
| Renter Occupied HU | 3,763 (32.2%) |
| Vacant Housing Units | 315 ( 2.7%) |
| Median Home Value | $655,610 |
| Average Home Value | $683,493 |
Housing Distribution
Address Breakdown
Residential
10,665
Single Family
8,813
Multi-Family
1,852
Businesses
862
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Listed by: Chip La Scala • The Real Estate Resource Group
Mls Name: CRMLS
Mls ID: #CV25277618