10615 California AveSouth GateCA90280
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10615 California Ave, South Gate, CA, 90280 in South Gate. Priced at $709,900, it generates $6,180/mo in gross rent and $1,612/mo in net monthly cash flow, a 10.45% yield that comfortably supports the 1.94 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $19,339. Five-year appreciation: $196,132. Equity from principal paydown: $6,538/yr. Total projected cumulative return: $373,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.5% |
| Monthly Cash Flow | $1,612 | $1,200 |
City averages based on South Gate market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,180 |
| Total Monthly Debt Service | $4,286 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1954
3,616 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1954
3,616 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices