12684 Palm StCerritosCA90703
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play12684 Palm St, Cerritos, CA, 90703 in Cerritos is priced for appreciation, not yield. Rental yield 4.87%. At $1,438,000 with a 4.87% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $397,293 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.90) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $348,554.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.0% |
| Monthly Cash Flow | $(3,057) | $500 |
City averages based on Cerritos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,839 |
| Total Monthly Debt Service | $8,324 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
6,045 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
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
Single Family
Built in 1977
6,045 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: Carol Zing • Rockwell Real Estate
Mls Name: CRMLS
Mls ID: #RS25200818