12315 Norlain AveDowneyCA90242
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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 12315 Norlain Ave, Downey, CA, 90242 listed at $919,000 pairs $4,594/mo rent with a $4,498/mo payment. Total monthly income runs $4,594/mo. Return on cash invested measures 15.73% in year one, and rental yield registers 6% at a $919,000 basis. Equity gained on principal adds $5,930/yr, and annual property appreciation at 5% supports $253,903 by year five. Five-year ROI tracks 80.39% and total cumulative return in cash totals $243,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,594/mo property income relative to a $4,498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
5,392 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90242, Downey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,687 (100%) |
| Owner Occupied HU | 6,323 (46.2%) |
| Renter Occupied HU | 6,963 (50.9%) |
| Vacant Housing Units | 401 ( 2.9%) |
| Median Home Value | $751,443 |
| Average Home Value | $772,312 |
Housing Distribution
Address Breakdown
Residential
12,651
Single Family
8,941
Multi-Family
3,710
Businesses
790
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Listed by: Raul Herrera • eXp Realty of California Inc
Mls Name: CLAW
Mls ID: #25628209