11437 Norlain AveDowneyCA90241
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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 Downey at 11437 Norlain Ave, Downey, CA, 90241 offers a 6.58% rental yield on a $825,000 purchase with $4,522/mo rent. 49% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 89.83% and total cumulative return in cash at $243,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,522/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90241, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,500 (100%) |
| Owner Occupied HU | 6,045 (41.7%) |
| Renter Occupied HU | 7,950 (54.8%) |
| Vacant Housing Units | 505 ( 3.5%) |
| Median Home Value | $826,458 |
| Average Home Value | $869,737 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
8,972
Multi-Family
5,726
Businesses
1,937
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Listed by: Denise Reesha • Keller Williams Pacific Estate
Mls Name: CRMLS
Mls ID: #PW25264122