12523 Lemming StLakewoodCA90715
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
Investment property for sale in Lakewood at 12523 Lemming St, Lakewood, CA, 90715 listed at $889,999 pairs $4,307/mo rent with a $4,356/mo payment. Total monthly income runs $4,307/mo. Return on cash invested measures 15.15% in year one, and rental yield registers 5.81% at a $889,999 basis. Equity gained on principal adds $5,743/yr, and annual property appreciation at 5% supports $245,890 by year five. Five-year ROI tracks 77.28% and total cumulative return in cash totals $226,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,307/mo property income relative to a $4,356/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90715, Lakewood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,548 (100%) |
| Owner Occupied HU | 3,284 (50.2%) |
| Renter Occupied HU | 3,123 (47.7%) |
| Vacant Housing Units | 141 ( 2.2%) |
| Median Home Value | $729,077 |
| Average Home Value | $828,818 |
Housing Distribution
Address Breakdown
Residential
6,472
Single Family
4,630
Multi-Family
1,842
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francisco Fletes • VIP RE Firm
Mls Name: CRMLS
Mls ID: #DW25242616