11360 166th St UNIT 10, Cerritos, CA, 90703 | 6.84% Rental Yield

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11360 166th St UNIT 10, Cerritos, CA, 90703 | 6.84% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cerritos at 11360 166th St UNIT 10, Cerritos, CA, 90703 offers a 6.84% rental yield on a $649,000 purchase with $3,698/mo rent. 28% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 94.05% and total cumulative return in cash at $200,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,698/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1979

1.91 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to The Fairway! This move-in ready 2-bedroom, 1.5-bathroom. Enjoy the bright and inviting formal living room, enhanced by abundant natural light and a cozy gas fireplace. Adjacent to the kitchen, youll find a flexible space perfect for a family room or dining area to suit your daily lifestyle. The kitchen features ample cabinet storage, quartz countertops, a gas range, recessed lighting, and a convenient pass-through window to the living room. Upstairs, both bedrooms include their own sink and vanity, sharing a central shower/tub. One bedroom also offers access to a private deck. With central heat and air conditioning. Parking is easy with a 2-car garage that includes laundry hookups and additional storage. The Fairway community is well-maintained and offers peaceful greenbelts, along with a sparkling pool and spa. Enjoy access to highly rated Cerritos schools and the convenience of being close to the 91 and 605 freeways for effortless commuting. Shopping, dining, and entertainment are just blocks away. Dont miss this fantastic opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90703, Cerritos, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,228 (100%)
Owner Occupied HU	12,088 (74.5%)
Renter Occupied HU	3,765 (23.2%)
Vacant Housing Units	375 ( 2.3%)
Median Home Value	$910,757
Average Home Value	$972,846