1223 W 187th PlGardenaCA90248
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
Investment Highlights
Rental property for sale in Gardena at 1223 W 187th Pl, Gardena, CA, 90248 generates $4,546/mo in rent and, after a $3,353/mo payment, leaves $308/mo in cash flow. Total monthly income is $4,546/mo, and annual cash flow is $3,698/yr on $225,365 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 7.96% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 112.43% and total cumulative return in cash sums $253,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,546/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,305 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90248, Gardena, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,821 (100%) |
| Owner Occupied HU | 2,373 (62.1%) |
| Renter Occupied HU | 1,320 (34.5%) |
| Vacant Housing Units | 128 ( 3.3%) |
| Median Home Value | $705,051 |
| Average Home Value | $718,971 |
Housing Distribution
Address Breakdown
Residential
3,792
Single Family
2,901
Multi-Family
891
Businesses
2,227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ADELA BROWN • THE ASSOCIATES REALTY GROUP
Mls Name: CRMLS
Mls ID: #IV25266044