1224 243rd StHarbor CityCA90710
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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 Harbor City at 1224 243rd St, Harbor City, CA, 90710 offers a 4.03% rental yield on a $1,098,000 purchase with $3,687/mo rent. 9% in year one. Equity gained on principal adds $7,085/yr while 5% annual appreciation supports $303,357 over five years. Portfolio math shows five-year ROI at 49.04% and total cumulative return in cash at $174,472. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,687/mo property income against a $5,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90710, Harbor City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,786 (100%) |
| Owner Occupied HU | 5,202 (53.2%) |
| Renter Occupied HU | 4,240 (43.3%) |
| Vacant Housing Units | 344 ( 3.5%) |
| Median Home Value | $767,599 |
| Average Home Value | $735,332 |
Housing Distribution
Address Breakdown
Residential
9,118
Single Family
5,544
Multi-Family
3,574
Businesses
666
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Listed by: Jack Mangin • ENRG Realty Inc
Mls Name: CRMLS
Mls ID: #SB26002031