11028 Spinning AveInglewoodCA90303
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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 Inglewood at 11028 Spinning Ave, Inglewood, CA, 90303 uses $279,650 cash to close to unlock $2,857/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $5,496/mo, and a $4,160/mo payment keeps the spread at $238/mo. Purchase price stands at $850,000, and rental yield measures 7.76% with $5,496/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 109.1% and total cumulative return in cash records $305,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,496/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1947
6,284 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90303, Inglewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,351 (100%) |
| Owner Occupied HU | 3,000 (40.8%) |
| Renter Occupied HU | 4,043 (55.0%) |
| Vacant Housing Units | 308 ( 4.2%) |
| Median Home Value | $839,770 |
| Average Home Value | $902,988 |
Housing Distribution
Address Breakdown
Residential
7,478
Single Family
5,595
Multi-Family
1,883
Businesses
481
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Listed by: Samuel Mark • West Shores Realty, Inc.
Mls Name: CRMLS
Mls ID: #SB25149054