12802 Bloomfield AveNorwalkCA90650
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 12802 Bloomfield Ave, Norwalk, CA, 90650 in Norwalk. At $589,900 it earns $4,204/mo in rent and distributes $229/mo to the owner after the $2,653/mo payment, a consistent 8.55% yield. DSCR 1.58 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $162,978 in value; $5,433/yr in principal paydown compounds ownership stake. Total projected return: $259,384.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.5% |
| Monthly Cash Flow | $229 | $1,200 |
City averages based on Norwalk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,204 |
| Total Monthly Debt Service | $3,415 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1964
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90650, Norwalk, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,334 (100%) |
| Owner Occupied HU | 17,909 (63.2%) |
| Renter Occupied HU | 9,746 (34.4%) |
| Vacant Housing Units | 679 ( 2.4%) |
| Median Home Value | $639,523 |
| Average Home Value | $676,088 |
Housing Distribution
Address Breakdown
Residential
27,633
Single Family
22,632
Multi-Family
5,001
Businesses
1,588
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
Condo
Built in 1964
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90650, Norwalk, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,334 (100%) |
| Owner Occupied HU | 17,909 (63.2%) |
| Renter Occupied HU | 9,746 (34.4%) |
| Vacant Housing Units | 679 ( 2.4%) |
| Median Home Value | $639,523 |
| Average Home Value | $676,088 |
Housing Distribution
Address Breakdown
Residential
27,633
Single Family
22,632
Multi-Family
5,001
Businesses
1,588
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Cibrian • Century 21 Allstars
Mls Name: CRMLS
Mls ID: #DW25280368