1435 E Colon StWilmingtonCA90744
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1435 E Colon St, Wilmington, CA, 90744 in Wilmington is a conservative rental investment at $962,400. Rental yield 6.92%. A 1.28 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $265,893; $8,864/yr in principal paydown supplements. Total projected return: $333,811.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.2% |
| Monthly Cash Flow | $(489) | $300 |
City averages based on Wilmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,552 |
| Total Monthly Debt Service | $5,658 |
| DSCR Ratio | 0.98x |
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.
Multi Family
Built in 1920
4,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90744, Wilmington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,211 (100%) |
| Owner Occupied HU | 5,750 (37.8%) |
| Renter Occupied HU | 9,107 (59.9%) |
| Vacant Housing Units | 354 ( 2.3%) |
| Median Home Value | $658,570 |
| Average Home Value | $725,741 |
Housing Distribution
Address Breakdown
Residential
14,748
Single Family
10,269
Multi-Family
4,479
Businesses
1,478
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
Multi Family
Built in 1920
4,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90744, Wilmington, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,211 (100%) |
| Owner Occupied HU | 5,750 (37.8%) |
| Renter Occupied HU | 9,107 (59.9%) |
| Vacant Housing Units | 354 ( 2.3%) |
| Median Home Value | $658,570 |
| Average Home Value | $725,741 |
Housing Distribution
Address Breakdown
Residential
14,748
Single Family
10,269
Multi-Family
4,479
Businesses
1,478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A