Plan 3 Plan, CadenceCovinaCA91722
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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 Plan 3 Plan, Cadence, Covina, CA, 91722 priced at $694,900 converts $4,481/mo rent into $182/mo cash flow after a $3,401/mo obligation. Total monthly income equals $4,481/mo, and annual cash flow totals $2,189/yr on $228,622 invested. Return on cash invested prints 21.02% in year one, and rental yield reads 7.74% against a $694,900 entry. Equity gained on principal adds $4,484/yr, while 5% annual appreciation compiles into $191,988 by year five. Five-year ROI reaches 108.76% and total cumulative return in cash sums $248,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,481/mo property income covering a $3,401/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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: N/A • Melia Homes
Mls Name: Melia Homes
Mls Provider:
Mls ID: #N/A