12314 Carnaby StCerritosCA90703
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 Cerritos at 12314 Carnaby St, Cerritos, CA, 90703 generates $4,538/mo in rent, after a $3,911/mo payment. Total monthly income is $4,538/mo. Return on cash invested sits at 18.21% in year one, and rental yield is 6.82% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 93.69% and total cumulative return in cash sums $246,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,538/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
5,002 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,227
Single Family
15,582
Multi-Family
645
Businesses
2,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Bereczki • ReMax College Park Realty
Mls Name: CRMLS
Mls ID: #DW25273908