10227 Richlee AveSouth GateCA90280
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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 South Gate at 10227 Richlee Ave, South Gate, CA, 90280 uses $230,300 cash to close to unlock $2,854/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $4,568/mo, and a $3,426/mo payment keeps the spread at $238/mo. Purchase price stands at $700,000, and rental yield measures 7.83% with $4,568/mo rent. Return on cash invested shows 21.3% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 110.26% and total cumulative return in cash records $253,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,568/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1948
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90280, South Gate, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,581 (100%) |
| Owner Occupied HU | 11,237 (43.9%) |
| Renter Occupied HU | 13,777 (53.9%) |
| Vacant Housing Units | 567 ( 2.2%) |
| Median Home Value | $651,757 |
| Average Home Value | $758,319 |
Housing Distribution
Address Breakdown
Residential
24,607
Single Family
19,803
Multi-Family
4,804
Businesses
2,213
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Listed by: Scott Alden • eXp Realty of California Inc
Mls Name: eXp Realty
Mls ID: #OC26014583